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

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To: Fred Mussler who wrote (17)9/21/1997 11:40:00 AM
From: Jeff Mills   of 337
 
Guys--

PEs, growth rates, etc are all meaningless here.

Take a realistic look at what this company is valued at and where you think this company could realistically trade at.

There are 4.6 Million shares outstanding. That is it. So, at Friday's close of $32, UFAB is valued in the market at $147 Million dollars.

Realistically, where could this stock trade at? $250 Million? Easily folks.

At $250 Million, UFAB is worth $54 a share.

Throw out all this PE junk. It is meaningless on a small cap stock like this.

Looking to get in Monday.

Jeff Mills
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