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


To: SJS who wrote (159)11/24/1997 8:58:00 AM
From: soozathelooza  Read Replies (1) | Respond to of 337
 
i think the reason all three
are weak is because they are
new issues which have been
volitile on the upside.
now, unfortunately they are
searching for a trading range
while giving up their gains.
especially UFAB.

IMO, once underwriter support
dissapears and shorting is allowed,
UFAB 'MAY' see more downside.
unfortunately, negative market
conditions really took its toll
on these stocks.

paul.