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

To: isopatch who wrote (89697)	4/4/2001 3:48:59 PM
From: SJS	Read Replies (1) \| Respond to of 95453

If any of you guys were in around during the original SD thread, you'll remember that FGH now (then, I think, called FGII) was a hot stock. Look at it now: ________ 14:52 ET Friede Goldman (FGH) 0.75 -0.19 (-20.2%): Company responds to concerns of bankruptcy filing; oilfield equipment company say it has not filed for reorganization, and that it does not believe that such a move would be in the best interest of involved parties... Statement follows 10-K filing by the company earlier this week, which indicated that if unable renegotiate credit agreement and raise additional capital, company might need to seek bankruptcy protection... (FGH was one of the major names of the oifield equipment/drilling bubble of 2 1/2 yrs ago)