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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Gary D who wrote (10283)12/6/1999 4:31:00 PM
From: Justa Werkenstiff  Read Replies (3) of 15132
 
Gary: I have not put any money in the oil service sector here yet. I have put some into the exploration and production companies.

I like Noble here (NBL). It has a large natural gas exposure. That is the risk. Mild winter has been driving natural gas prices lower of late. But they are still off the bottom of last winter and some companies have hedged to the higher gas prices seen earlier this year. NBL is one of those companies. BUT NBL is trading near its low earlier this year. Anything at $21 or less is good deal. They may try to bottom it in the $19s. Target: $30 plus.
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