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Strategies & Market Trends : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?

To: Augustus Gloop who wrote (307)	8/13/1998 2:32:00 PM
From: NASDBULL	Respond to of 7247

I was checking out this company Schuff Steel (SHUF) down about 4 points today. They are pretty amazing. Low float has made this a wild ride, but I'm thinking this is going to be a great position trade! This company is getting killed because of their poor earnings. I can tell you the industry SHUF is in is one with fluctuating earnings and this can be expected. Contracts are still there, just delayed. SHUF build BancOne Ballpark in Arizona(diamondbacks), MGM Grand, the Eifel Tower in Paris in Las Vegas and has bookings in excess of $70 million. Cash $45 million. Acquiring companies to stop fluctuating earnings. This one is a GREAT position trade! NASDBULL