Nabors Industries(NBR) Message Board

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Gold/Mining/Energy : Nabors Industries(NBR)

NBR 48.52

-1.7%

Oct 31 9:30 AM EST

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To: Mike Perras who wrote (139)	1/24/1999 8:22:00 PM
From: Bag of Pucks	Read Replies (1) of 174

It's been a few days but if I recall, the money manager on CNBC liked Nabors upside because of the natural gas potential. He stated that a dwindling supply and the fact that natural gas is a domestic (not imported commodity) that Nabors would capitalize, especially with recent acquisitions. The other factor is that last year, we had a relatively warm winter due to El Nino, but it looks to be a lot colder this year. On a different note, the Barron's issue with the 'RoundTable' discussions had a very bullish view on natural gas, particularly Canadian natural gas companies. They are looking for a double to triple in one year's time. Excellent analysis for you fundamentals type. Good luck all, H

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