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

To: Ed Ajootian who wrote (62783)	3/23/2000 6:03:00 PM
From: Big Dog	Read Replies (2) \| Respond to of 95453

RE FGH/John Alford. John is a good guy. He has been the de facto President at FGH for many moons -- but without a doubt, JL runs the show. Always has and always will. I guess this just makes it official and lets John get a raise,a nd maybe more stock options...maybe he gets the ones that Dane left behind. (Did yall know that Dane reportedly bought the yacht yard and may be buying other assets? Small world, huh?) It doesn't matter how you arrange the chairs on the deck of the Titanic, if you don't get new business...well, you know the rest. I'm afraid one of the more difficult problems facing the company may be a lack of perceived confidence on the part of potential customers. Let's be honest, if you had a $200 million project to build, would you feel warm and fuzzy taking it to FGH and paying a price higher than the price in 'the east' where dependable is their middle name? The oil patch is the original 'internet' -- a web of relationships, trust and confidence. FGH needs a spider. big

To: Ed Ajootian who wrote (62783)	3/23/2000 6:44:00 PM
From: ItsAllCyclical	Read Replies (1) \| Respond to of 95453

Ed Aj, PANA is neglected mostly because it's a tiny microcap (under 25 mil in market cap) trading under $1. I haven't bothered to check into the fundamentals. There are plenty of other small caps with similar or better fundamentals in the 100-300 mil market cap range that have been left behind with similar upside and far less risk. It's almost impossible to get in and out of something like PANA without taking a loss even if it merely trades flat. No thanks...