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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (16646)	3/18/2003 9:00:37 PM
From: Spekulatius	Read Replies (1) \| Respond to of 78659

<< Adding just a little more today to small starter position in NHY>> I did so as well today. The Norwegian oils stocks NHY and STO got whacked today even though most US oil stocks went up. NHY is very cheap and seems to me like a very straightforward value play. I am willing to add once more if it goes any lower. In addition, NHY will pay its annual dividend in April or May - at least 1.20$/share I also think that the market has not discounted the idea that Nigeria's oil output may be impacted by the unrest there. Overall i have been cashing in some positions today as I am not sure that the "Iraq war" rally has more legs.