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Gold/Mining/Energy : UFAB - oil drilling deck fabrication
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To: JOHN CHEN who wrote (83)10/1/1997 5:47:00 PM
From: coop   of 337
 
Some of you are obvoiusly nor aware of the self procalimed stock gur John Chen who 95% of the time tells you after the fact about what you should have done. John Chen and however do have one thing in common for whatever reason and that is bought PWAV and have know bought UFAB. I highly doubt that JOHN Chen bougt FGII, but he will probably tell you he did. Anyway the OIL sector is real hot. I am orginally from New Orleans and am in close contact with people in the oil business. The facThe word on the steet in the South is that no oil drilling co. will suck wind until Q3 of 98. UFAB is a cousin stock of the oil drillers and should do qite well. I am in with 50,000 at 30 and still holding. Using GIGI as comparitive valuation I come to number of 37-41 on present numbers, and even higher if they blow out the quarter. We are looking at a whisper number on 98 of 2.00-2.70 on UFAB. So everyone do the math.
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