Nabors Industries(NBR) Message Board

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Gold/Mining/Energy : Nabors Industries(NBR)

NBR 51.35

-0.5%

3:56 PM EST

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To: Ken who wrote (25)	3/16/1998 9:38:00 PM
From: Char	Read Replies (1) of 174

Ken I like all the oil drillers and oil service stocks. You just have to have a long term objective. Contrary to the price of oil right now,I still feel that oil will become a precious commodity in the next 10 years. The Chinese are just starting to develop their economies and when they get up to speed the world won't have enough oil to accommodate them (JMO). In the mean time some have bottomed out and others are still in a downtrend. I don't think any of them will fall too far from here but maybe that's just wishful thinking. Dave

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