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

To: SargeK who wrote (58849)	1/21/2000 12:16:00 PM
From: CpsOmis	Respond to of 95453

MEXP!!!!!!! Well, I got a snotload of "zero cost shares" now. Hype or no hype gods or no gods.....patience is a virtue. Even though my prior statements regarding your character/lack of still stand, slider, I must thank you for imparting the concept of "fishing". Who'd of thunk a GTC order for 10K shares at 2 3/4 would get taken out by a 27 grand BASS!!!!!! still have another snotload that are pretty damn near freebies, so I'm holding to see what tommorrow brings. OK SLIDER, after all your damn gloating on my riding this one down, bend over, assume the position, and HOOOOOOOOOOOAAAAAAAAAAAHHHHHHHHHH!!!!!!!!!!!!!!!!!!!!

To: SargeK who wrote (58849)	1/21/2000 12:47:00 PM
From: SargeK	Read Replies (1) \| Respond to of 95453

FGH moving opposite the sector today. I anticipated recent momentum would carry it up another 10% today; but, so far, I am clearly wrong. I should have expected heavy profit taking after a 60% climb. Well, just another buying opportunity for those who don't want to miss the boat. >g< I still have 3k trading shares bought @ 5 5/8 and 6. Should have sold them yesterday and bought back today. This is exactly the reason I am not a Day Trader. What the hell, I may get 9 or 10 for them next week. Enjoy the weekend SargeK

To: SargeK who wrote (58849)	1/21/2000 1:04:00 PM
From: Brian P.	Read Replies (1) \| Respond to of 95453

Thanks for posting notes on your calls to FGH IR, Sarge. It's appreciated. I'm patient on this one. I'm doing well on GIFI and UFAB too.

To: SargeK who wrote (58849)	1/26/2000 10:12:00 AM
From: SargeK	Read Replies (3) \| Respond to of 95453

Chat with FGH/IR (last evening) General comments: The Ocean Rig settlement resulted in a win/win situation for both companies. It allowed Ocean Rig to proceed with leasing arrangements commensurate with a firm date of delivery of both structures. It provided Friede the benefits of pacing the work out without continued need for (costly) over time manpower utilization and the accelerated payment schedule eased the cash flow situation pertaining to this project. With regard to selling of assets: Everything is on the table if the price is right. All the newly acquired assets are currently being appraised. Everything that can be done is being done to enhance shareholder value. Per agreement between parties, neither FGH nor Petrodrill will comment on the status of their negotiations. As reported by Big Dog the Millenium structure may be removed from the backlog. Even if removed, the project could resurface if the parties can come to agreement. 4Q results are under review and the report will likely be issued around the middle of March. Comment: The above is a gist of information and my own interpretations. Take it FWIW.