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.
Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Razorbak who wrote (83112)12/30/2000 4:45:27 PM
From: stevedhu  Respond to of 95453
 
Razor, CFK trades on the AMEX and I got my info off Yahoo, I also got a PM from another SI member that I'm copying here.


Saturday, December 30, 2000 3:59 PM ET
To: stevedhu
From: tommycanuck

A little insight on CFK from the Canadian side of the border. The company in its current form
comes from the merger of Continental Emsco and Franklin Supply, both longtime names in the
Canadian oilpatch. Recently merged into the Wilson Supply brand which I believe that Smith
International owned in the States. The company is pure and simple a oilfield distributor of
ongoing operating supplies to the servicing, drilling and E&P companies. Has had a wild ride
over the past 4 years on the markets. The company has made a big push into the business of
handling the entire supply chain management for the companies it sells to. For example it sells
valves, line pipe etc to companies from its locations. Very efficient and starting to catch on. May
result in some big numbers in the short term but the company struggles a little because of its size
and the strain on the patch from the people side.
Could be a winner in short term as activity ramps up here but make sure to pick an exit point as
it trades pretty thinly.
Take Care
Steve