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

To: SargeK who wrote (63729)	4/4/2000 10:16:00 AM
From: SliderOnTheBlack	Read Replies (5) \| Respond to of 95453

PGO is the smart money play on the GOM FPSO approval... They've allready put the liquidity in place and have the designs for smaller designed FPSO's specifically for the GOM - PGO is leveraged, not on the seismic side; but on the FPSO side and will be THE story of the oilpatch WHEN FPSO's get approved for the GOM. ...given the pressure for America to become less dependant on the Middle East/OPEC and to eliminate another Oil Crisis - look for approval... PS - I'd be loading the boat on shallow water/offshore nuts & bolt service & mfg co's; GIFI UFAB HOFF GLBL MDR (allthough this still suffers from the asbestos litigation) - UFAB a small cap $20 late cycle 3 bagger, Gifi a double, Hoff a double, GLBL & MDR 50% + upside still left. OMNI high risk, but a potential 4-5 bagger as a financially troubled transition zone play. FLC - $70 price targets.... allmost makes you wonder why you should buy anything else ? If they achieve 80% of that price target - it's still a home run over the roof.