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Non-Tech : The SHAW Group

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To: Ralph E. Daugherty who wrote (220)2/6/1998 9:01:00 AM
From: Greg h2o   of 291
 
I've been watching SGR very closely as of late. DLJ has been on the last couple of conference calls and I have the feeling we'll see something from them in the future. Also, I've heard rumblings that Lehman may be looking at them. If we get a couple of these new houses (or even one) to put a favorable report out, we'd see some serious upside. Of course, who'd believe there would be accumulation prior to a brokerage house report being released?<GGG>

One of my partners has been trying to buy some as well. He's had the same problem as you. We can usually get almost anything "between", but nobody's willing to give up SGR. The market makers know who's been accumulating. Laurie Schultz (the ex-PR person at SGR) used to be real good about keeping in touch with the floor and letting me know who was doing the larger trading. I'll have to see if Ed will be willing to do the same while he's handling that function. I have the feeling he won't be as helpful as he has his plate full with his normal cfo daily chores.

Unless there's some negative news, the next move should be up to the $25 mark. good luck,
greg
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