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To: Broken_Clock who wrote (19166)	4/15/1998 1:45:00 PM
From: marc chatman	Read Replies (1) \| Respond to of 95453

Crude futures up .27 and May Brent up .02. If we get a little stability from oil, and no major disappointment from HAL and DO (and whichever is next), the OSX should crack the last high on this uptrend. I think it was around 117.5. Steve, you may want to keep an eye on that if you are writing cc's (as if I really know <g>). By the way, if you are writing May calls, do you get a significantly better premium if you write this week, before April's expire?

To: Broken_Clock who wrote (19166)	4/15/1998 2:23:00 PM
From: waverider	Read Replies (1) \| Respond to of 95453

Folks time companies like this at their peril! I love owning of piece of FGII. When I drive to my regular job each morning, it feels good that my second job at FGII is secure (and so my portfolio). From PK's FGII news post: >>''Our company had a good first quarter in terms of revenues and earnings. We are pleased with operations at all of our companies. The new shipyard in Pascagoula is on schedule for completion, and we are working on the Marine 700 project there now,'' Holloway said. ''Also, the BLM operation in France and the shipyards in Canada are on schedule. Our backlog continues its strong growth because of the market's confidence in our technical and physical ability.'' The company is scheduled to release first quarter earnings on April 28 at the close of the market.<<