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

To: Yogizuna who wrote (115)	3/2/2001 3:34:10 PM
From: opalapril	Respond to of 177

I don't know about your timing. Maybe, maybe not. It could easily drop to $1 while they argue over the contract. Then again, hire a riveter from Omaha or South Bend and the stock could shoot the moon. <gg>

To: Yogizuna who wrote (115)	3/2/2001 5:25:43 PM
From: Mark Adams	Read Replies (1) \| Respond to of 177

The ol 'putting our foot down' tatic raises the risk level of the stock substantially. I was a bit surprised to see such strong language in a press release. I remember a european shipyard that had a similar dispute which required an injection of funds from the primary stakeholder to survive the resolution of a rig build dispute. Don't recall the details, it was just a passing item of note last fall I think. Since the stock is now trading at leap prices, I'm resolutley holding for $10 or $0. No point in cutting losses when the return would be a measily $800 or so. That includes an additional 100 shares purchased at $2.75 recently, after reading the news release.