UFAB - oil drilling deck fabrication Message Board

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Gold/Mining/Energy : UFAB - oil drilling deck fabrication

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To: Michael Berkel who wrote (12)	9/20/1997 7:48:00 PM
From: mark rose	of 337

Mike, I believe anlaysts are grossly underestimating GIFI's 1998 earnings estimates. They are expecting only 15% growth in GIFI's 1998 earnings. My opinion is strictly based on the 1st and 2nd qtr earnings surprises. Both were approx 20% surprises. Again my opinion of GIFI's future is just a hunch as my knowledge base is limited on this company. Another hunch is UFAB will be accorded a higher multiple based on a comparative sales basis. OBTW, I have no reason to hype UFAB since I do not have a position yet. Most likely I will take a small position on Monday. More research to go. Mark

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