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

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To: BILL L who wrote (22)11/4/1998 2:09:00 PM
From: Richard B. Haenisch  Read Replies (1) of 44
 
Hello Bill and other NOI hopefuls!

I just wanted to inform you that I have sold out my position in NOI at $17.0625 - all 11,300 shares

I still like the way NOI is hovering here around $17, however, I see more of an upside in the "short" term in other stocks. (Telecoms)

Thank you everyone for your posts, I will keep NOI on my stocks to watch list!

Best of luck with all of your stock positions - may they all double for you! (longs or shorts)

Rico

P.S. I researched AFCI - I like the chart and sector. Has been beaten down over the last couple of months just like AVID and HTCH.

AFCI has bounced back nicely with CIEN and PAIR, but has held its price, while CIEN and PAIR have given back over 20% of their recent gains. (I bought in at $11.125)
Again, best of luck to all of you NOI holders!
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