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: stevedhu who wrote (58515)	1/14/2000 1:09:00 PM
From: SliderOnTheBlack	Read Replies (2) of 95453

Oil up a buck and wow -look at these E&P prices.... ymmmm Nibbling - bought UPR NBL XTO today on weakness, caught NBL near a nice intra-day low/mid $19's - tics from a 5 year low - again, NBL dramatically cut cap ex spending 1H 1999 & invested in a gas plant & is ramping up cap ex spending in 2000 - a legitimate low risk, top tier double here imo - this is a "class" leader laggard - a must own in any E&P portfolio - stronger cfps than BR & $12 cheaper ! Last hour on FGH will give us a quick view of the "new" shorts - curious to see if they cover, or are here for flesh... ? PS - SargeK you can come out if you've recovered ... got the "knotty head" this a.m. ? (VBG).

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