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Non-Tech : Lufkin Industries (Nasdaq: LUFK)

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To: Steve Hufnagle who wrote (53)4/22/1998 5:48:00 PM
From: Jack Be Quick  Read Replies (1) of 103
 
Steve, mostly OFF TOPIC,

In case you haven't seen it yet: GDI reported .49 vs .34 '97 (+44%), beating Zack's cons. est. of .43 by .06. Oil products were a larger % of the business over '97, although they described oil product sales as down and, like LUFK, are hoping for an improvement in oil prices going forward. Btw, who are the lunkheads who are selling LUFK at these levels? I don't get it.

John
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