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Gold/Mining/Energy : UFAB - oil drilling deck fabrication
UFAB 2.900+1.8%Oct 8 1:23 PM EDT

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To: JGreg who wrote (311)4/14/1999 5:02:00 PM
From: andrew r harwood  Read Replies (1) of 337
 
well unifabs stock price is behaving in a very weak manner .it is down close to its yearly low and had a poor day today on fairly big volume all the oil service stocks were down including my favorite global industries though right now i am out of all of them .they really had gone up to far too fast and it will be at least a year before thier business picks up .relative to others in the group however unifab seems to be behaving particularly badly .i for one am glad im out even though i lost money .i have no idea how low it will go since i dont have a crystal ball . the only thing thats positive is that it doesnt have much debt so dont think that its at any great risk of going bust .i have no intention of buying unifab but may reconsider if it goes down to 4$ a share .hope to buy back global in the 5-6$ range .just my personal opinion of course.
for some reason a note i put in a couple of days ago didnt come up .i am not in the oil and gas industry but know quite a few people who are and i dont personally know anyone who is positive on unifab right now .i have no idea who sarge k is but he sure acts like an employee of unifab or a broker trying to push its stock .arh
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