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Gold/Mining/Energy : GIFI !!!!!!!!!!! -- Ignore unavailable to you. Want to Upgrade?


To: Arthur who wrote (32)3/3/1999 6:16:00 PM
From: SargeK  Read Replies (1) | Respond to of 41
 
Art,

According to my source, the announcement regarding the Petronius module rebuild was to have occurred yesterday. It didn't and I have no further info. Will post if and when news becomes available. As far as the 1 point jump, I am as surprised as you. 1/2 point would have been more in keeping with the OSX move. This company has a lot going for it and I'm not in it for change. Near term earnings forecast (which are always lower than the actual results) keep the price depressed short term. This year will obviously not be as good as last years record setting pace, but it is, even in a slow year, adding to book value and increasing its long term value. As activity picks up later this year and next GIFI will get its share of high profit business. Hang on to your shares and use the current environment to buy more. Don't try to outsmart the MMs and the traders, you will likely lose. If I sense a change in the overall market or in GIFI specifically, I will post it.

Regards,
Sarge