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Gold/Mining/Energy : Friede Goldman Halter (FGH) -- Ignore unavailable to you. Want to Upgrade?

To: SargeK who wrote (45)	3/18/2000 4:59:00 PM
From: epicure	Respond to of 177

Ah so good to hear you say this. FGH looks wonderful for many reasons to me (I am a pitiful value investor always searching diligently for value in a market where almost NONE is to be found.) I am really overweighted in FGH - so I hope you are right.

To: SargeK who wrote (45)	3/18/2000 5:47:00 PM
From: Brian P.	Read Replies (1) \| Respond to of 177

Isn't Unifab forecasted to earn per share twice what Friede will over the next four quarters? You expect dramatic revisions to estimates? Are you looking further out?

To: SargeK who wrote (45)	3/25/2000 10:21:00 AM
From: SargeK	Read Replies (2) \| Respond to of 177

FGH - The 50 DMA bottomed out @ 6.24 on Mar 23rd. I view this as a major technical event (turning point) since it marks the first directional turn in the indicator since peaking @ 16.5 on Jun 22nd, last year. Again, barring a significant negative news event, this support level WILL trend UP. In succeeding weeks/months, as each of the 100 and 200 DMAs make their turns; the mixed signals currently being flashed will change to BUY. I think it highly likely that as these events occur, new investor interest will be generated and average daily volume will increase accordingly. quotes.barchart.com Currently (data thru Mar 24th) 50 DMA 6.26 (Strong Support) (Higher than the day B4, signaling the turn around) 100 DMA 7.2 (first resistance) 200 DMA 9.65 (final resistance) If the current trading range continues for the next several days, the 100DMA is projected to drop below "7" on or before Apr 4th and the 200DMA will drop below 9 « on or before Apr 3rd. Barring significant news events in the interim, these projected targets are highly likely to be hit (sooner rather than later), thus establishing the next trading range plateau on the continuing path of price recovery. charts3.barchart.com If the Apr 6th release is viewed generally positive by the investment community, the projected 7 level of resistance will be penetrated decisively and become the new support level. Good luck SargeK