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Non-Tech : Trading IOMEGA based on technical analysis -- Ignore unavailable to you. Want to Upgrade?

To: E. Graphs who wrote (1250)	11/28/1997 3:36:00 PM
From: Platter	Read Replies (1) \| Respond to of 1511

Any thoughts on UFAB(UNIFAB INTERNATIONAL), it has been beaten down to $20 from high of $43.87 on 10/8/97.ÿ It began trading on 9/19/97, offering price $18.00, closed at $32.00 on first day of trading.ÿ Stock traded a high of $37.00 on the 10/29/97, when earnings released, up from a close of $34.75 the previous day. It Looks pretty cheap, presently close to its offering price.ÿ No change in fundamentals.ÿ Could this be another situation like IRIDF(IRIDIUM) which went down close to its offering price at $17.00 then rebounded to reach a high of $54.00 just recently.ÿ I will appreciate your opinion. Thanks Bryanÿÿÿ bf@mcione.com