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To: rocklobster who wrote (69552)7/13/2000 11:35:50 AM
From: chowder  Respond to of 95453
 
Hello Richard!

It'll take a miracle for FGH to reach it's old highs. According to several CEO's during the last round of conference calls, you won't see the kind of rigs being built that are necessary for FGH to reach it's old highs.

The market still hasn't assimilated the super rigs from the last building cycle.

In my opinion, it'll be the smaller fabs that do well this time around. They don't need the big projects FGH needs, just to pay the bills.

dabum



To: rocklobster who wrote (69552)7/13/2000 11:54:37 AM
From: JHR  Respond to of 95453
 
Richard, if you go back about 6 months on these posts you'll see a plethora of posts on FGH. There was an ongoing debate from posters named Sarge and Slider. FGH bought Halter and FGH basically never did much in the way of saying what they were doing. The Fab business started drying up a while back. As far as I can tell things are looking up but they are at the back end of the cycle. Big Dog is in Europe soaking up sunshine and babe watching. He will probably give you a more factual response when he gets back. I've got some but there are probably better places to play for the present.