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Gold/Mining/Energy : Friede Goldman: FGI (formerly FGII) -- Ignore unavailable to you. Want to Upgrade?


To: Gary Clarke who wrote (33)4/8/1999 9:36:00 PM
From: Adelantado  Read Replies (2) | Respond to of 75
 
So, the local price of gasoline jumped up over 15% on news that OPEC narrowed the spickot, and how did FGI react? More erosion of price. Seems to me that the Market is having a bit of trouble pricing this supplier of services to the oil producing industry: it will discount it on lower as well as higher oil prices.

Joe.