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

To: SliderOnTheBlack who wrote (60709)	2/22/2000 12:50:00 PM
From: Harold S.	Respond to of 95453

Slider, how do you feel about MDR at these levels? Looking for your analysis.

To: SliderOnTheBlack who wrote (60709)	2/22/2000 12:53:00 PM
From: SargeK	Respond to of 95453

Slider: "DUMP ALL FGH NOW ! - DeepH20xSgtK re: FGH - well, I tried telling you guys fwiw I said charges and losses - but, no one wanted to listen." FACTS: The Company warned of losses and took an immediate 22% hit on the warning! "Friede Goldman Halter warns of loss - (Jan 12th, 1999) GULFPORT, Miss. (CBS.MW) -- Shares of Friede Goldman Halter took a 22 percent dive Wednesday after the oil services company warned it would report a loss for fourth quarter 1999 because of problems with four of its construction contracts." cbs.marketwatch.com Slider: "Someone in Tyler go check on DeepH20xSgtK - because he needs to be on suicide watch imo..." Comment: Your irrational outburst was to be expected. You say Dump Now! I say BUY and here is why: The company has finally cleared the air by providing the amount of anticipated losses. Merrill Lynch reported Book Value of $7.38 (Sep 99). By backing out (worse case scenario) FY/99 losses of $1.14, current BOOK VALUE of $6.24 (for the merged companies) can be confidently estimated. While the losses are disappointing, I don't find them alarming and certainly NOT catastrophic. I expect the Company will report positive earnings for the CURRENT quarter and with an increasingly favorable business environment coupled with tax loss carry forwards, each succeeding quarter will IMO result in significantly increased earnings - GOING FORWARD. I think the irrational (read emotional) sell off down to 5 3/16 immediately following the announcement was another buying opportunity. I picked up 1k @ 5 ¬ . Thanks Good luck SargeK Slider: "FGH see's the $3's imo before they report." I hope you are shorting (putting money where your big mouth is). If so, you WILL AGAIN lose your butt! TELL US EXACTLY what you are doing now, so we can evaluate actual results without the (hindsight) rewrite!! >VBG<

To: SliderOnTheBlack who wrote (60709)	2/22/2000 3:18:00 PM
From: Roebear	Read Replies (2) \| Respond to of 95453

Slider, Chart target for OEX could go as low as 680 and that is without a bear market. Bear market, huh, unthinkable, isn't it, but when you think about the fact a BEAR is unthinkable, that's scary! It is possible that the weak OSX XOI performance (especially XOI) is discounting the possibility of a market correction. For that reason I am not currently invested in the OSX. I think the OS stocks will follow the market down at least at first. If the NDX gets creamed then we will see sector rotation, when I see a bottom I buy buy BUY! I am not a BEAR myself, just cautious, and at this point in a defensive posture. SOX is an index that is begging for a short on an approach to 1K, take a look at that chart. Anyone here have any experience with SOX options? Chart targets for DOW could run down to 9800's or even 9600's, I hope not because that would cause a lot of technical damage making it more difficult for rotation to take place into OS stocks. Sorry to sound so doom and gloom. These are just chart possibilities and can change on a whim of Greenspeak. Regardless though, and even more unthinkable, I really like the chart for gold here. Berserker Roebear