SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Lufkin Industries (Nasdaq: LUFK)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Steve Hufnagle who wrote (60)4/13/1998 10:02:00 AM
From: Todd D. Wiener  Read Replies (1) of 103
 
Let's hope that LUFK continues to do well. The catalyst will be the earnings report, which could be available today. I'm pretty comfortable with their Q1, but I'm less sure about the 2nd quarter. It remains to be seen if the lower oil prices has had any effect on pumping unit orders. Regardless, LUFK will be a big winner in the reasonable near future, even if it takes another quarter or so. Any cutback in production by the oil companies will eventually lead to a shortage of oil, at which point the price of crude will rebound to $18-20 and the oil service stocks will do very well (both financially and stock-wise).

Todd
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News