Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: CommanderCricket who wrote (786)	3/2/2001 10:29:44 AM
From: Don England	Read Replies (1) \| Respond to of 23153

idti warns of a 20% revenue shortfall and moves up. is there some safety in a p/e or 7? you betcha. don p.s. bk - that must stand for big kahuna, huh? hope so 'cuz i already own a k of fgh that i didn't put a stop on. don't think you can at msdw with <$5 stocks anyway.

To: CommanderCricket who wrote (786)	3/2/2001 10:31:01 AM
From: excardog	Read Replies (2) \| Respond to of 23153

CC Bought FGH yesterday at $1.95,85, and 75. Think the market is assuming BK. I would tend to think JL has got himself in a high stakes poker game. Big time bluff. Speaking of JL his net worth has taken a severe beating over the past few days. Best of luck

To: CommanderCricket who wrote (786)	3/2/2001 11:03:08 AM
From: JungleInvestor	Read Replies (2) \| Respond to of 23153

Commander, hate to admit it on this Board, but I lurk in SD looking for posts from BigDog, and TommyCanuck. Following post will answer your question: To:Big Dog who wrote (88276) From: Big Dog Thursday, Mar 1, 2001 6:52 PM View Replies (1) \| Respond to of 88296 Re FGH...I'm trying to get some perspective, but it looks to me like Chap. 11 is around the corner. Even IF rigs start being ordered (which I think they will) it is highly unlikely anyone will risk doing business at FGH. I wonder how the company will perform on its backlog of business? This will be a very interesting scenario to watch play out. I suspect what is needed is for a 'name brand' industrial player to buy the company, put on a fresh face/name, flush management and get a new start. This may be already widely known, but I was told today that 35% of the salaried employees got the boot last Friday. It will be interesting to see what becomes of the Bingo rigs, how the bonding company plays their cards and what the creditors will do. Seems also like it would be tough for FGH's best customer, Noble, to continue to do business with FGH -- since they have to be concerned about fiduciary duty and all. What a mess...but maybe a DCB is shaping up unless the cat has 7 more lives before it's REALLY dead. big