NATIONAL - OILWELL INC. (NOI) - undervalued/takeover ? Message Board

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Gold/Mining/Energy : NATIONAL - OILWELL INC. (NOI) - undervalued/takeover ?

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To: Richard B. Haenisch who wrote ()	10/23/1998 3:25:00 PM
From: Richard B. Haenisch	Read Replies (1) of 44

HELLO EVERYONE! For those of you who know me, I am an active investor, looking for undervalued companies. I have learned (the hard way)not to fall in love with any "one" stock (DGIV)and spend hours daily looking for investment opportunities that are relatively "safe". Meaning - a stock has gotten "beaten down" so badly that there is a lot more "UPSIDE" than downside. I believe NOI is one of these "safe" stock buys at these levels, (under $20) compared to its peers NOI seems to be the pick of the crop in oil equipment companies. I bought a significant amount of shares in NOI on Wednesday between $11 3/8 and $12 and bought more today at $15 and $15 1/2. My total holding is now at 12,300 shares. I am obviously bullish on the stock - I would appreciate any constructive comments on this thread to help me and any other NOI investors. I will be sharing any information I come across. HAPPY INVESTING EVERYONE! RICO

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