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To: Big Dog who wrote (32221)	11/28/1998 10:45:00 PM
From: mph	Read Replies (3) \| Respond to of 95453

Mikey: Do you think that FGII might get a teeny bounce when it starts trading on the NYSE-- go2net.newsalert.com Just curious.... mph (grubbing)

To: Big Dog who wrote (32221)	11/30/1998 9:32:00 AM
From: DavidG	Respond to of 95453

Big Dog, Thanks for the clarification. I am somewhat new in this sector and lucky for that also.<g> I had some losses in September but then more than made up with the recent gains off the recent double bottom. Currently sitting with calls on SLB and RON and willing to buy more as it comes into a triple bottom. I also bought some GLBL stock on Friday at 5 13/16. May go for some FGII that I have been watching for a while now. This sector is nice and volatile and is great for trading but not sure I would want to consider it for any long term investment. I agree with your newsletter about 70% up from here but won't get up to their 52 week highs for a long time...I think those days are gone unless maybe a mideast crisis occurs. Still in the 60's in the Northeast this week.:-) DavidG

To: Big Dog who wrote (32221)	11/30/1998 8:59:00 PM
From: DavidG	Read Replies (2) \| Respond to of 95453

Big Dog, Maybe a silly question but I'll ask it anyway. Since the failure of OPEC to agree on further cuts, LS Crude has dropped at least 10%. Now if OPEC had agreed to a 10% cut, oil may have gone up 10% instead of down 10% and everybody would have been better off. Are they missing something or am I missing something fundamentally basic. Bottom line is they are selling their oil for a lot less money this week than last week. Also, do you think the Saudi's are doing something to cause the drop in oil as punishment or maybe to at least give a warning? Wouldn't it seem logical to hurt Iran and Venzeula causing them to lose more money on their oil then if they had cut production even if everbody suffers short term? I Really do not understand fundamentals.<g> TIA DavidG