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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Think4Yourself who wrote (55998)	12/3/1999 4:39:00 PM
From: SliderOnTheBlack	Read Replies (2) \| Respond to of 95453

JQP; one caveat on which stock moves 33% sooner Correct me if I am wrong; but I would venture to say that neither you, or Cosmo has a cost basis on RRC which will give you 33% upside to $4 here, nor a cost basis in MEXP which will give you a 33% increase to $1 5/8ths. Think you're both on the record for holding for some time - not that you wont both perhaps ultimately be profitable (VBG). But; NBL is a new entry for me - and I do have nearly a 33% upside to $28-30 NBL (VBG) and I did re-enter RRC per my yahoo post, but for only a small little trading position. I would give Jim L credit for banging the original drum on NBL here... what tripped my trigger, after researching it off of HIS drum beating (thanks Jim - thats what makes this thread worthwhile) was their decision to invest in the gas plants, cut back on cap ex spending - hence produciton in 1H 1999 and now the huge upside in 2000 cap ex spending - also; its less than 10% to a 5 year low here; given their 50% + increase in 2000 cap ex and higher nat gas prices here than during their 5 year high, let alone their 5 year low... downside risk elimination - is the key in NBL vs. those small caps. NBL is an investment, TMR RRC & MEXP are speculative gambles - lets face reality and be honest here. If I want to make a non-risk factored bet vs. making an investment; on what stock has the most upside - some internet, or E&P micro is of course going to win that upside bet - or lose my entire investment, or damn near all of it... RISK has to enter the equation here in this environment - given the allready strong retrace of the sector. as for MEXP - I won't comment on my position if any, be it long, or short; as that would be "hyping" this poor little micro now wouldn't it (VBG).