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

To: Swede who wrote (10259)	1/30/1998 5:26:00 PM
From: Lucretius	Respond to of 95453

Can't agree more. If you can handle this S-T fire. You'll make a HEAP!!! of money in the coming months and years. i don't plan on letting go of NE for 5 years and for nothing less than 150. You've got remember that once oil prices are rising and OPEC doesn't have any more taps to turn on (now they don't since they increased to full capacity) and Iraq is flowing or turned to glass? The multiples on these drillers will greatly expand because the earnings will be so consistent. Why will oil rise because demand continues to rise and there is no expected relief in sight. Supply will only increase by drilling. There aren't enough rigs now, let alone if crude starts soaring. Ma and Pa will be wanting to lease a rig. THEN, we have a boom. And we sell! -Lucretius