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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: excardog who wrote (617)	4/20/2001 8:28:07 PM
From: Razorbak	Read Replies (3) \| Respond to of 206326

"NYSE Suspends Friede Goldman Halter" excardog: <<< They officially closed the FGH crap table today. Pulled the dice so everybody has to go home. >>> Nah! They're just trying to move it from the big casino (NYSE) to the back alleys (OTCBB). The "Alley of Dreams" approach: If you roll it, they will come. ;-) Razor Friday April 20 1:22 PM ET NEW YORK (Reuters) - The New York Stock Exchange (news - web sites) said on Friday it suspended trading in the common stock of Friede Goldman Halter (NYSE:FGH - news), the beleaguered maker of offshore equipment for the energy industry, in view of the company's filing for bankruptcy protection. The NYSE said the suspension of trading in the Gulfport, Miss.-based company would go into effect immediately, and that an application with the Securities and Exchange Commission (news - web sites) to delist the stock is pending an appeal by the company. The company, which filed for Chapter 11 bankruptcy protection on April 19, has recently failed to meet the NYSE's continued listing criteria relating to inability to meet current debt obligations and adequately finance operations. The NYSE said the company's stock was selling at an abnormally low price. Shares of FGH last traded at 20 cents, a penny above their 52-week low. dailynews.yahoo.com