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

To: Howard G. who wrote (277)	8/26/1998 9:34:00 AM
From: Greg h2o	Respond to of 291

Howard, I'm glad to hear you salvaged part of your investment at over 15. I am taking the other road at this point. Because it is now trading a couple of bucks under bv, I purchased a block yesterday at just an average price a tad over 10 1/2. I think there is value at the 13-15 range and from that point it will take a real recovery. Of course, this means a recovery in what appears to be a declining global economy. As far as takeover rumors... I don't see this as a good reason to buy ANY stock, let alone from rumors on the SGR Yahoo thread! Although, as I said, it IS trading under book value and that will usually bring a few vultures around. Oh, and it's not like the company doesn't have cash flow and earnings.... regards, greg