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


To: Big Dog who wrote (20719)4/28/1998 7:14:00 PM
From: Gottfried  Respond to of 95453
 
BD, from WSJ short FGII report...

Friede Goldman 1Q Pro Forma Net 27c/Diluted Shr Vs
16c>FGII

Friede Goldman International Inc. - Jackson, Miss.
1st Quar April 5:
1998 a 1997
Revenues $68,751,000 $18,655,000
Net income 6,738,000 2,873,000
Avg shrs (basic) 24,446,059 18,400,000
Avg shrs (diluted) 25,182,769 18,400,000
Shr earns (basic)
Net income .28 .16
Shr earns (diluted)
Net income .27 .16

a. Figures pro forma to reflect company's initial public offering in May 1997.

Friede Goldman International Inc. (FGII) first quarter EBITDA rose to $12
million, from $3.9 million a year ago.

Friede Goldman provides offshore drilling services.



To: Big Dog who wrote (20719)4/28/1998 7:20:00 PM
From: iandiareii  Respond to of 95453
 
Big, et. al.--

Here's FGII's report, courtesy the King of Research (and driest of the dry) the invaluable Teddy himself:

quicken.excite.com

Also check his not-to-be-missed recent work on the FGII board:

www3.techstocks.com

ian



To: Big Dog who wrote (20719)4/28/1998 9:26:00 PM
From: mph  Respond to of 95453
 
Thanks for the support, Big Puppy. That reminds of when I working as a park coach for the kids during college summers. There was a big fountain in the center of the park in which the kids would insist on running around and trying to kill themselves. I'd be there constantly telling them to exit, usually with little success. One day I told them to get out, they looked toward me and froze, complying immediately. I thought I was pretty hot stuff until I looked behind me and saw two great big gardeners glaring at the kids with crossed arms!

Your exhortations to Tedders just might have a similar effect!
mph (unless, of course, he's playing hard to get--g)



To: Big Dog who wrote (20719)4/28/1998 9:29:00 PM
From: mph  Respond to of 95453
 
Hey Big:
Go over to the FGII thread and check out an April 28 post from the prodigal son---he posted the earnings there!
mph



To: Big Dog who wrote (20719)4/28/1998 10:01:00 PM
From: Thean  Read Replies (3) | Respond to of 95453
 
About FGII tomorrow.

FGII has had quite a fantastic run and separated itself from the pack. Everyone and their mother expected FGII to beat estimate pants down. With the yo-yo nature of FGII as of late, be watchful of the sudden avalanche of profit-taking upon good news release. DON'T buy at the open tomorrow. If you need to buy, buy after it opens. It would not surprise me a bit to see FGII come down 2-3 points after a opening gap up. There are three months to go before the next earning. So somewhere between now and then there will be plenty of swings.

Big Dog - tomorrow can be a good day to write calls, especially if the premium can add up to above its 52 week high.