Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: SliderOnTheBlack who wrote (56003)	12/3/1999 4:50:00 PM
From: Think4Yourself	Read Replies (1) of 95453

You are incorrect. Sold MEXP holdings in the low 2's months ago - bought back in yesterday. Sold RRC in the mid 4's months ago - bought back in yesterday. There are posts back on the Yahoo threads to confirm this. Did you sell your $17+ MDR today to buy NBL? regarding risk, just what risk is there at current prices? Calculating earnings is very easy in EnP land unless you're an analyst - then it's impossible. There is not nearly as much risk in the small caps as one might expect, and it is more than reflected in the numbers I have been quoting (share price/CFPS). Your position on MEXP is already clear. BTW they made their December payment early and their debt load is dropping rapidly. what really amazes me is that their debt/equity ratio is the same as NBL's!! Ironic huh??

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