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Non-Tech : The SHAW Group -- Ignore unavailable to you. Want to Upgrade?

To: Ralph E. Daugherty who wrote (251)	6/15/1998 9:46:00 AM
From: Greg h2o	Respond to of 291

yes, i've posted on the PAIR thread. I'm not in right now, as I was fortunate enough to get out around 25 or so. It's looking a lot more attractive now, but I'd prefer MRVC as an undervalued communications company. greg

To: Ralph E. Daugherty who wrote (251)	6/15/1998 4:10:00 PM
From: Greg h2o	Read Replies (2) \| Respond to of 291

Sorry guys. I have to apologize for not staying on top of things a little better (of course, it would have helped had they returned my call or let me know about the meeting... I really miss Laurie Schultz). There were 3 announcements at this meeting: 1. acquisition (80% ownership) of a shipbuilding facility for $3mil cash. current replacement value of this facility is $150mil. Figures show it to provide a $5/share value to shareholders if priced at $100mil. They plan to use it for an all-purpose facility and estimates are showing it could ramp up to where it will add about 40cents/share. 2. added 3 new unnamed alliances and are expecting to add more. 3. power bidding remains strong. China up 11%, the rest of asia off over 60%, N.America power bidding up over 900%, S.America up 300%, Europe up 140%. I'd think they would be able to sign just a few <g> contracts from these bids. I mean, they do control 80% of the market. Hope this kinda helps explain the nice run. I'm trying to find out more, but this market has me a little busy. regards, greg