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

To: Paul Senior who wrote (29441)	2/16/2008 12:56:27 PM
From: Paul Senior	Respond to of 78741

NE. Oops. Noble Drilling has fallen from January. Some earnings downgrades, maybe concern the drilling cycle has turned down. Looking here at a stock with a yearly net profit margin in past decade never less than 13%, a falling d/e ratio (now at .18), and a Yahoo showing 12/'09 est. p/e on current price of 6.7x. That's low, although of course, such an earnings estimate two years out is just a guess. I continue to hold shares of several in the sector: DO, NBR, RIG. I added a few shares of NE on Friday to my now losing position.