NE, Noble Drilling Message Board

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Gold/Mining/Energy : NE, Noble Drilling

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To: Teddy who wrote (164)	1/23/1998 7:12:00 AM
From: JBH	Read Replies (1) of 301

Any feel from anyone how Nobles #'s will look? I pulled the short term trigger yesterday on NE about halfway through the session based on SLB's comments, the President and his drilling woes, the price of crude, and the chart coming off the upper bb. Still holding a core position. Hopefully going to try to catch another bottom here and then buy back with the cash I have, hopefully preserved, and maybe some margin buying power. We'll see what happens. Sounds like SLB got a little overdone yesterday and is already up this morning in London Trading. CNBC, I'll bet will pick up the SLB correction statement and I'll bet it will retrace some of what it lost. I'm wondering if we can expect Noble's numbers and comments to help drive this sector back up next week. Any thoughts? John

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