Lufkin Industries (Nasdaq: LUFK) Message Board

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Non-Tech : Lufkin Industries (Nasdaq: LUFK)

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To: Todd D. Wiener who wrote (74)	5/6/1998 8:20:00 PM
From: Dave Hanson	Read Replies (1) of 103

OT--SIRN Thanks much, Todd. I'll look forward to any input you'd like to offer, and if it captures your fancy, I'm sure the new SIRN thread would appreciate your presence. Would also welcome thoughts on why it seems overbought. Blowout earnings were just last Wednesday, and since Friday the bid has never sunk below 7 1/2--demand seems high at that level. (Indeed, I couldn't get filled via ISLD all morning, despite entering the 7 1/2 order before the bell.) To be sure, it's had quite a run--but this may be explained by the fundamentals, no? (Then again, I'm probably just displaying my TA ignorance. And I'm not sure how applicable the conventional rules are at such tiny companies.) Not that I can ever time anyway. I sure picked a great time to buy more THQ at 26 1/4. :) Regards, Dave

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