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Non-Tech : Lufkin Industries (Nasdaq: LUFK)
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To: Todd D. Wiener who wrote (37)3/16/1998 7:45:00 PM
From: Dave Hanson  Read Replies (1) of 103
 
Hope you had a nice vacation! Nice to see you back on the THQI thread. Two things, one on topic, one off:

1. Noticed you dropped LUFK to #5 on your preferred list. Is this because of others' greater potential, or because of LUFK's reduced prospects (notably due to continued sagging oil prices?)

2. Any thoughts on biosource (BIOI)? I think that biotech should have a good year, and bioi, which was recently featured in a newsletter writeup here techstocks.com. Seems like a potentially nice way to venture into this. Since they sell to many companies, and are currently making $, they should offer much less downside than most in the industry. It's also in the micro-cap range (50-60M), which you've mentioned as an area of added focus. Any thoughts on this or other biotech plays you like would be most welcome.

Best,

Dave
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