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To: MARK BARGER who wrote (30410)10/6/1998 3:38:00 PM
From: marc chatman  Respond to of 95453
 
My guess (only a guess) is that shorts are pushing FGII down based on the probability that the hurricane will have some impact on the bottom line last quarter. I think the boatyard was only closed for a few days, and if the accountants are good, they will figure out some way to depict the lost income as a one-time event (not my area of expertise).

FGII should be fine shortly. Just remember all the insider buying at low levels. It's an early Christmas if FGII should fall to $10+ again.