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Non-Tech : The SHAW Group

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To: Greg h2o who wrote (219)	2/6/1998 12:26:00 AM
From: Ralph E. Daugherty	Read Replies (2) of 291

Greg: No BIG news; but, bowled with an Industrial Engineer who works at the local plant here in Shreveport. I asked for information, he said that Shaw was getting rid of 3 warehouses in this area and have been given the edict of cutting cost by $1mil this year. Sounds like a reasonable goal to me. Also, a friend of mine said that he saw where an institution was in the process of making Shaw their largest investment. No more information. The stock has been under accumulation lately. Tried to buy some recently and it wouldn't give up even 1/8 of point. Regards, ralph

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