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To: SargeK who wrote (39375)3/9/1999 4:50:00 PM
From: Gary Burton  Read Replies (2) | Respond to of 95453
 
Sarge--On a 3-6month basis, what is your current ranking re buying FGI,UFAB and GIFI? (upside relative to downside)



To: SargeK who wrote (39375)3/11/1999 8:30:00 AM
From: SargeK  Read Replies (2) | Respond to of 95453
 
UFAB Earnings and share price analysis

Posted last evening, but decided to revise and re-post for morning readers.

For the analysis, I used concensus earnings forecast and projected them forward in an assumed more favorable sector environment. As usual, constructive criticism is welcome from all.. TIA

Message 8253655

UFAB closed @ 8 9/16 yesterday up 37% from its all time intra-day low of 6 1/4 set on Feb 24, 1999 which marked the final chapter of its downward spiral from its all time intra-day hi of 43 7/8 set on October 8, 1997. There was profit taking today as the price wavered between
7 7/8 and 8 3/4. Volume of 120.2k shares was over 3 times the ninety day average. freerealtime.com:8002/quotes
A retracement of only 50% to the cyclical high will result in a 2 to 3 bagger, short term. With Allen Tank (acquired last year) adding to earnings, the growth forecasts appear relatively secure.

Comments will be appreciated.

K

Note: UFAB 1999 fiscal year ends 3/31/99 and FY/00 begins 4/1/99........