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To: Jeffrey Beckman who wrote (27763)8/14/1998 7:31:00 PM
From: Cragganmore  Respond to of 95453
 
Some information from FGII Investor Relations...

I talked to IR after the market close today. The jist of my conversation:

Q? Has the share buy back commenced?
A> Yes, in small quantities. It will be more aggressive soon.

Q? Are you comfortable with the Sep 98 and Dec 98 forecasts of 0.43 and 0.52 EPS?
A> Yes.

Q? So what gives with the current stock price levels?
A> She cited the industry conditions, which I am certain all of you are familiar with.

Q? Is Mr. Holloway selling the 37K shares?
A> No.

Q? Is he buying any at these prices?
A> Yes

Well, I am depressed, but hanging in...