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Gold/Mining/Energy : UFAB - oil drilling deck fabrication

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To: Larry R.Ross who wrote (264)4/21/1998 7:40:00 PM
From: andrew r harwood  Read Replies (1) of 337
 
Well unifab seems to be doing quite well and up about 50% from its low on fairly decent volume.baker hughes has just demonstrated its long term commitment to the acadiana area by announcing and starting to build a very large facility and manufacturing plant here in acadiana ,its a multimillion dollar project.the only negative i have heard about unifavb is that a friend of mine is very friendly with the ceo of a medium sized exploration company here in acadiana and they had a bad experience with unifab and wont use them again .the price of gas seems to be strong so wouldnt be surprised if unifab doesnt have a quick zip up to the 30$ range ,then it will be hard to descide whether to sell or to hang on to the all time high in the 40$ range .arh
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