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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (58726)	1/19/2000 3:16:00 PM
From: Think4Yourself	Read Replies (1) \| Respond to of 95453

Yeah, and FGI up 2 points now (33%). The shorts are getting killed on high volume, and the news will hit again tomorrow. If any funds are shorting, they are probably going to have to try to drive the price down with high ask volumes from now into the close. SargeK sure will be happy when he checks in! Volume pattern suggests an institution is trying to accumulate shares.

To: RealMuLan who wrote (58726)	1/19/2000 3:38:00 PM
From: SliderOnTheBlack	Read Replies (3) \| Respond to of 95453

Yiwu - I can help anyone find FGH shares to short if they need help (VBG). Actually it would be a savy, but very ballsy trade to short it here - I think 10-15% pullback is realistic. But, safer to just cash in & wait to buy back in cheaper; but for me - with only a small portion of the original capital (not the profits) and see what it runs to... could hit a wall at $8ish imho - again; FGH still has the same fundamental problem - they need Offshore Rig orders - need them now ! The Bankruptcy risk was eliminated here, but are they getting out of the shipbuilding bizz - and what are the charges going to be - and for how long to divest of HLX assets ? This "aint no" turnaround story yet ! - far, far, from it . Imho, maybe $10, but $8ish seems fair value imho. - from there they get it the old fashioned way; - THEY MUST EARN IT ! - with new orders & bottomline earnings & backlog growth... I'm out - got the cash & taking a bit for a limit buy on WM over the next few days in Gary's $22ish range... going to sleep with the rest of the $ under my mattress (VBG)...where JL can't get at it ... And thank you SargeK, couldn't have done it without ya...