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Non-Tech : Lufkin Industries (Nasdaq: LUFK)

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To: leisuresports who wrote (36)3/9/1998 2:40:00 AM
From: Todd D. Wiener  Read Replies (2) of 103
 
I looked at MIND several months ago, but I wasn't impressed with its business. I don't know (or remember) much about MIND, so I'm not the best person to ask. I don't like how the company has been selling shares to the market (as have the insiders). That's no way to finance growth. Before buying MIND, I'd make sure that operating cash flow is positive, or else you're setting yourself up for an earnings dissapointment in a few quarters.

Good luck.

Todd
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