Lufkin Industries, Inc. (NASDAQ:LUFK.DL)

CAPS Rating: No stars

The Company and its subsidiaries manufacture and sell oil field pumping units, power transmission products and highway trailers throughout the world.

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Player Avatar dexion10 (27.51) Submitted: 12/29/2008 1:11:22 PM : Underperform Start Price: $15.44 LUFK.DL Score: -385.02

Oil services conglomerate

COMPANY Produces gear boxes and power transmission equipment.

The company is exiting it's tractor trailer making business...

Here is the deal:
LUFK traded for about a decade for about $10 - $20 per share... that is where it is going to go back to down from $99... and the current $32 level.

REVERSION TO THE MEAN.

Basically all the end businesses that LUFK serves are in steep cyclical decline and they will be for all of next year. at the very least.

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