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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: SJS who wrote (15764)	3/21/1998 10:08:00 AM
From: Big Dog	Read Replies (1) \| Respond to of 95453

Steve -- Well the ole bull spread gambit didn't work. But I live to ride again. Wrote a CC on CXIPY late Friday. Did a April 60 for 3 points with stock at 58. Looking for more to do this coming week should we rally a little higher. Want to do EVI, MDCO, BHI. Thanks for your continued CC ideas. I'm going to buy some TCMS Monday. I like their style.

To: SJS who wrote (15764)	3/21/1998 10:16:00 AM
From: Teddy	Read Replies (4) \| Respond to of 95453

We still have a few UFAB holders here right? Anyone have any current info on how they are doing? I was just reading and old article and the earnings projections look really good. I'm thinking of buying either UFAB or FGII. "Dow Jones Newswires -- February 6, 1998 NEW YORK (Dow Jones)--... Unifab, which makes custom decks, equipment modules and other structures for offshore oil and gas platforms, announced late Thursday it acquired Professional Industrial Maintenance LLC, a move analysts applauded. Professional Industrial, which provides maintenance services to the petrochemical industry and repair, refurbishment and conversion services for oil and gas drilling rigs, will provide the company with access to the drilling rig repair and refurbishing market, while significantly fattening its bottom line, analysts said. "The acquisition of PIM has the potential in three to five years of doubling the shipyard space, doubling the production-employee headcount and doubling the bottom line," said analyst Michael Henzi, of Stephens Inc. Henzi, who expects the New Iberia, La., concern to earn $1.25 for fiscal 1998 ending in March, said the acquisition will become accretive in fiscal 1999 and will begin to "significantly" help earnings from fiscal 2000 onward. He hasn't officially changed his estimates to reflect the acquisition, but roughly projects earnings of $1.75 a share in fiscal 1999 and $2.80 a share in fiscal 2000. Before the acquisition, he expected the company to post net income of $1.55 a share in fiscal 1999 and $2 in fiscal 2000. Drilling rig repair and refurbishment could use the extra players, according to analyst William Neal McAtee, of Morgan Keegan & Co. "They are getting into a market that needs extra capacity right now," McAtee said. "This is a real great addition to their product line." McAtee said the company's existing facilities worked about 1 million man-hours last year, and the unit being acquired did more than 300,000 man-hours...."