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To: Big Dog who wrote (36324)	1/30/1999 4:58:00 PM
From: Crimson Ghost	Respond to of 95453

Morgan Stanley also likes DO in addition to HAL and SLB.

To: Big Dog who wrote (36324)	1/31/1999 11:33:00 AM
From: Gary Burton	Read Replies (1) \| Respond to of 95453

Big--re FGI--It would appear from Bob Bowker's posting that the backlog dropped $50mm last qtr report. Logically, one would think that things are worse now and that the backlog at Dec 31 was probably even worse still than the drop at the Sept qtr end and that the outlook going forward say 6-9 months would be even bleaker. Am I missing something here. I currently bought a 1/2 position at 10.38 and am toying with the idea of buying the other half a bit sub 10 but the FA on the backlog direction causes me to pause. Any thoughts from anyone here would be welcome. The Dec qtr eps result is likely meaningless in here and the backlog situation is likely the main thing that matters.