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Gold/Mining/Energy : UFAB - oil drilling deck fabrication
UFAB 6.450-3.3%12:53 PM EST

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To: ca who wrote (318)4/28/1999 6:51:00 AM
From: SargeK   of 337

I haven't visited N. Iberia or L.Charles yet. Intend to do so soon.
I am concerned about your remark that; "the workforce is drying up in Lake Charles too." I assume you mean this in addition to N.Iberia.

Your observations appear to be in conflict with Berard's statement in the Apr 20th Press Release:

''This new work will solidify UNIFAB's ability to maintain and grow its work force to prepare for the inevitable turnaround that is materializing as a result of higher crude oil and natural gas prices,'' noted Dailey J. Berard, UNIFAB International Inc.'s President, CEO and Chairman of the Board. ''

What is the basis for your statement? Are you saying Mr. Berard is misinformed? TIA

I see you just became a member of SI yesterday. Welcome to the fray.

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