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Gold/Mining/Energy : UFAB - oil drilling deck fabrication
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To: Gene J. Abel who wrote (96)10/4/1997 9:08:00 PM
From: Gene J. Abel   of 337
 
Earnings out at end of Oct.. Company indicates more business than capacity to meet demand. They indicated they could triple there workforce and still not keep up with business. Not enough rigs in industry to meet exploration demands will prelong uptrend in industry. Morgan Keegan one of best brokerages in this industry and they say 85% of customers and vendors in industry prefer UFAB as the platform contractor. Valuation lags industry, stock has much more to go.
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