SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Jon Cave who wrote (37229)2/10/1999 2:57:00 PM
From: SargeK  Respond to of 95453
 
Jon,

I see FGI is trading @ 11 7/8 now on moderate volume. GIFI has found support @ 7 1/2 on very low volume. I think if you can project yourself forward 6 months to a year, you would regard FGI as a bargain @ 16, or better and GIFI @ 12, or better - as value plays. For trading purposes you may see GIFI @ 7 again, but if it does it will be during slow trading, for short periods and modest trades of odd-lot or 100 shares being traded. Any significant moves into either company will be accompanied by much higher entry levels. Bottom line, if you have patience, averaging into either company at current levels, will I believe, reward you handsomely. Good luck!

K