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

To: Evolution who wrote (59094)	1/25/2000 4:32:00 PM
From: Big Dog	Respond to of 95453

The analysts know. It's been mentioned here before. And it was in my newsletter, Offshore Drilling Bits. Plus it don't take a rocket scientist to figure out that it doesn't take a year to 'arrange financing' and that it's about time for the number to come off. The market never gave FGH much credit for that order int he first place, due to the financing contingency. Now that the order has faded (yet still could be brought back to life with a nod from Petrobras), I don't think the stock will be hurt when it is removed from the backlog. It would be hard to hurt this stock. In spite of everything that has come down with FGH, I have a feeling that this stock is going to make a turn. I have known JL for many years, and he is not to be counted out. I don't agree with the course the company has taken in a few areas, but I will be very surprised to see JL go down in flames. With that said -- almost everything Slider has said is true, in my opinion. But in spite of all that I think JL is going to pull this one out. Time will tell. It's been a great show! By the way - don't know if it has been mentioned, but Dane does not keep the million share option now that he is gone. big atoffshore.com