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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Big Dog who wrote (43281)	4/26/1999 5:10:00 PM
From: Cragganmore	Respond to of 95453

Big, will this report atleast help in restoring some of the lost lustre in our favorite FGI? Cragganmore

To: Big Dog who wrote (43281)	4/26/1999 5:22:00 PM
From: MARK BARGER	Read Replies (1) \| Respond to of 95453

Analysts ests. were for .41 this quarter. Dog, does this new backlog include the Brazilian rig work that had some financing questions? I'm sorry, but for FGI to be selling at a P/E less than 10 is ludicrous. I realize that the market is never wrong and 15 is all the market values FGI. BUT, this company is too well run to stay under 20 for too much longer, price of oil be damned. Can't wait to hear specifics of the CC. I am amazed at the strength of the back log also. Slider, I enjoy your posts more than anyone. Don't take these posts personally. I'm glad you traders can trade these rallies. As you well know, these OSX stocks will move up far ahead of the fundamentals. And no, it is not yet cool to own this sector. But within the next couple of months as supply/demand evens up more Wall Street will want to board the train. Good luck to all! Mark