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: Steve Hufnagle who wrote (53)	3/31/1998 2:04:00 AM
From: Todd D. Wiener	Respond to of 103

"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." This is my continuing objective -- to find high growth companies with undervalued stocks. I am confident that LUFK and my other picks will do extremely well over the next year or two. Todd

To: Steve Hufnagle who wrote (53)	4/10/1998 1:45:00 AM
From: Todd D. Wiener	Read Replies (1) \| Respond to of 103

LUFK may be breaking out of the doldrums. The downtrend is certainly history, and a new uptrend appears to be forming. The volume is not yet great, but that's typical of this stock. Earnings should be released in the next week or so, and I expect the company to beat estimates of $.60. If so, the stock could trade at $40 without any change in trailing P/E. In fact, a decent earnings surprise, in conjunction with an encouraging outlook for 1998, could propel the stock to its old highs around $40 before pulling back to the mid-30s. I've a year-end target of $50. Todd