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: Douglas V. Fant who wrote (81777)	12/15/2000 8:54:50 AM
From: sportsman	Read Replies (1) of 95453

Doug, I really don't follow Nabors closely. I know that have a lot of idle rigs just as KEG does in the work over arena. It appears me that if this cycle really has legs, then KEG and Nabors will be great investments. I own KEG and TBDI for my service stocks. TBDI is the cheapest land driller on almost any valuation method. But, I have great concerns that this is the top of the cycle. I exited most of my holdings early this Fall and have bought back a much smaller $$$ amount. I'm holding TBDI, KEG, CRK, OIL, TLM, OEI & TXLI. I see the activity in the patch every day here it is BOOMING. My concerns from living in the patch all of my life is that every boom is always followed by a bust. So, I am very cautious. Good luck, Sportsman

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