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Gold/Mining/Energy : UFAB - oil drilling deck fabrication -- Ignore unavailable to you. Want to Upgrade?

To: T. Lund who wrote (141)	10/26/1997 4:34:00 PM
From: andrew r harwood	Read Replies (1) \| Respond to of 337

I dont really have a handle on those stocks either ,they are all very overpriced right now ,however its possible they may go higher with the greater fool theory I have a friend of mine who works in the drilling department of one of the major drillers in the gulf and it is his feeling that the two best stocks out there right now are two drillling companies stone energy and of course ocean energy( it used to be flores and rucks).stone had a good run up to 38 and is now down around 32 ,if it drops to 28 it would be a really good buy .it is going to double or triple its production this year and with the price of natural gas being high they are going to make money hand over fist . the biggest game in town this week is the lagcoe show ,apparently this is a week thats makes or breaks all the ladies of the night in louisiana.all the beauty parlors are apparently booked up this week. there are apparently one or two other ipos coming in this area locally soon but have no details. if you want to participate in the local boom economy in southwest louisiana its probably better to buy one of the local banks,one has just been taken over first commerce but there are still a few more like ana, iberia and teche .its a less expensive way to participate in the boom rather than unifab.just my opinion of course.