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Non-Tech : Lufkin Industries (Nasdaq: LUFK) -- Ignore unavailable to you. Want to Upgrade?

To: Steve Hufnagle who wrote (4)	2/17/1998 9:46:00 PM
From: Todd D. Wiener	Read Replies (1) \| Respond to of 103

I'm not sure. They'll either announce before the open, or during the middle of the day, around noon. My only guide is the historical pattern of earnings releases. T

To: Steve Hufnagle who wrote (4)	2/18/1998 9:47:00 AM
From: Todd D. Wiener	Respond to of 103

LUFK beat sales estimates by >5%, but gross margins were lower than expected. Also, SG&A were higher than expected. Earnings before taxes and net earnings were 99% of the street estimate. That's not bad. But I'm not terribly impressed. Sequentially, total backlog increased 20% from Q3, Oilfield increased 21%, trailers increased 44%, power transmission increased 4%, foundry backlog decreased 8%. Maybe later today, we'll see an announcement about the dividend or a stock split. Todd