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Non-Tech : Lufkin Industries (Nasdaq: LUFK)
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To: lofalutin who wrote (102)7/10/1999 5:17:00 PM
From: Todd D. Wiener   of 103
 
Steve-

I've long since sold my LUFK stock, and I haven't been following it much. But if oil can stay near $20, LUFK should get a good bit of business. Unfortunately, the price needs to stay there for a while to use up the supply in existing wells, before oil companies start buying more pumps to tap additional wells. I'd wait to see if the company can start to beat estimates again, because the stock might be dead money in the meantime.

Best of luck to you.
Todd
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