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Gold/Mining/Energy : UFAB - oil drilling deck fabrication
UFAB 3.280+1.9%Sep 24 4:00 PM EDT

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To: gpphantom who wrote (305)4/7/1999 1:19:00 PM
From: andrew r harwood  Read Replies (2) of 337
 
well i have sold out of all of my drilling stocks to take advantage of the recent price rise.this was still a loss position but less than it had been .i hope to buy back global at the 5-6range ,ocean at the 4-5range .probably will never buy back unifab unless it goes down to the 4 level .just bought a highly speculative small lafayette based oil and gas company called petroquest .have heard some really good vibes about it .symbol pque on nasdaq.it has a web site trades around 5/8to3/4 .very risky and speculative and you could loose all your money but it has just made (see website at www.petroquest.com) a good discovery in the gulf which will pay for the company in a year .a lot of other projects and plans not a lot of debt and looks if all goes well that it might be a 10 bagger .one could easily loose all ones money in it however.i put all my money from selling unifab into it and hope to get back the money ive lost in unifab .just my personal opinion of course as a private investor without an ax to grind arh
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