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


To: Mark Adams who wrote (96)10/31/2000 11:46:08 AM
From: Paul Senior  Read Replies (1) | Respond to of 177
 
Hi guys. With funding (debt) available for new work, new orders coming in, plus new executives on board (maybe they'll have better control of either contract terms or fulfillment expenses than the previous team), I'll bet that earnings will be showing improvement by the end of next year. I'll double up my small position in FGH now because the stock is relatively low while orders seem to be increasing. By next year I ought to have had a chance to trade out of the stock profitably, or else I'll be in a position to establish a long term capital gains basis as the company goes into 2002. (Assuming of course that for capital gains there would be a rise in the stock price -g- ---- and that I don't get discouraged or scared out of the stock before the good times show up, if they do)


Paul Senior