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Non-Tech : U S FILTER (USF) A Water Stock ! -- Ignore unavailable to you. Want to Upgrade?

To: robert duke who wrote (241)1/8/1998 8:33:00 PM
From: David Lawrence  Respond to of 361
 
I took an long position on 12/24 @ $29.50, not quite catching the bottom, but that's okay. USF has made a nice 2-month double bottom, and has been able to show 5 or six consecutive up days, at least until today. Also, there is all kinds of support in the $27 range, although it was a little touch & go there on the 29th. If it had broken through support there, it could've gone to $20.

Al least we don't have to worry about SE Asia with this one.



To: robert duke who wrote (241)1/9/1998 4:58:00 PM
From: Andrew Spurlin  Read Replies (1) | Respond to of 361
 
Iwould expect earnings to be slightly below expectations.
Most of those operating contracts take money (capital) upfront
the profits come later. I would not be surprised to see a major
restructuring down the road,complete with work force adjustments.
Andrew


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