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Non-Tech : The SHAW Group

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To: Bill L. who wrote ()	1/30/1998 4:26:00 PM
From: Greg h2o	Read Replies (1) of 291

For those who aren't aware-- SGR was removed from the buy "focus" list at Rauscher. Also, they changed the analyst covering SGR. I spoke with him yesterday. He said the removal from their focus list of 10 stocks was as much a function of the change in analyst as anything. If SGR continues along its growth in earnings trend, they will most likely resubmit their name to the list. The new analyst had been following SGR at Hoake Breedlove, so he's not new to the company. He had nothing but positives to say with the exception of the concern over last quarter's operating margin--we've discussed this already. Have a great weekend. greg

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