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

To: RGinPG who wrote (30700)	10/14/1998 12:10:00 PM
From: marc chatman	Read Replies (1) \| Respond to of 95453

Yes, I noticed the pressure on FGII seemed to ease almost immediately after I posted. In light of the last two days, I'm thinking someone wanted out badly. I hope the ease in pressure indicates they are out by now, but I have no way of knowing. Maybe Holloway stepped up to buy all the shares for sale. <g> If he has access to big bucks, he should take the company private again and re-list next year. Oh, I forgot, credit crunch. No MBO's today. I think SLB's silence is weighing heavily on the sector. They haven't warned, but nobody believes they haven't felt the impact of crude prices.