U S FILTER (USF) A Water Stock ! Message Board

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

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To: contax who wrote (53)	8/4/1997 10:48:00 PM
From: Carl R.	of 361

Well they just made earnings, but did some other bizarre things. First they delayed opening until they released earnings. Then they announced a strange acquisition - water rights in Imperial Valley. What does that have to do with their main business? Anyway, the stock took off, then started to retreat, but after the conference call (which happened during trading), the stock took off again. What a weird way to do things. Anyone have a number so that we can listen to the conference call? I was disappointed with the earnings, and the continuation of stock acquisitions, so I cut my holdings by about 60% today. I have no doubt that the managers will do fine with all these acquisitions, but I question how well the stockholders will do. Good luck, Carl

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