Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Todd D. Wiener who wrote (52)	3/30/1998 5:26:00 PM
From: Steve Hufnagle	Read Replies (3) \| Respond to of 103

I like the multiple expansion possibilities you mentioned. With so many stocks overvalued it is difficult to find companies with true potential for multiple expansion and lower downside risk at the same time. A friend of mine visited Venuzuela last month and I learned about how they like to buy from local companies if possible. Oil is very important to the political leaders of this country and I know that they depend on the continued export of oil for survival.

To: Todd D. Wiener who wrote (52)	4/6/1998 8:30:00 AM
From: CuttotheCore	Read Replies (1) \| Respond to of 103

Todd and/or Steve: I was reviewing the thread and had a couple of questions. First, I was intrigued by lufk as an oil services supplier, altho I am not convinced that the sector is where I want to be right now. Lufk seems to have a niche which appealed to both of you, that makes them a dominant play. Exploring that niche reveals that the oil supplies/services is a fairly small % of them as a company. I notice that Todd puts $3/share if oil remains above $15. Is the oil income that high a percentage of their income? Secondly, in this market I am nearly fearful of a company paying such a respectable dividend? Put another way, as a manufacturing company, can they compete in all their areas of service against Asian/third world manufacturers? If you get a chance to respond, thanks. rdk