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Non-Tech : U S FILTER (USF) A Water Stock !

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To: Carl R. who wrote (45)7/31/1997 11:07:00 PM
From: j. w. kampfe   of 361
 
Carl,

<I fear that your time frame (Aug 30's) may be too short.>

In reference to the above, I'm counting on the analysts this time, as well as your brother, when they raised current quarterly estimates from 14 to 26 cents a share. If they can raise it 50% after (I hope) a conservative USF provided guidance, I am willing to gamble that earnings to be annouced on Monday with have a "bit" more surprise left in them, my completely ignorant guess is 43 cents for this quarter. I'm cautiously optimistic we could see $35 a share by next tuesday. The stock is up over $2 this week I believe another $5 is possible with an earnings surprise, assuming the overall market isn't tanking next week.

BTW, the majority of my interest in USF is a long term long stock position also, the short term option play is basically for giggles and grins as old pete would say. DIIG has also been very good for me the last few weeks, especially the AUG 55's I bought right before earnings. So I'm playing with some easily earned options profits. Heck they are already worth 1/2 buck more than I paid a couple of days ago. Lets go USF, surprise us ALL.

Good Luck everyone on all your positions... Jamie

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