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Gold/Mining/Energy : Nabors Industries(NBR) -- Ignore unavailable to you. Want to Upgrade?

To: TheSlowLane who wrote (100)	8/11/1998 5:28:00 PM
From: John Patterson	Read Replies (1) \| Respond to of 174

Not at all pleased, Paul. My original NBR shares were the result of the SOS acquisition a few years back (cost basis of 8.5, sold half last October at 45). My point was this is the how you make money as a small investor, you buy LOW, personally I would buy at this point. I don't know if it's a bottom or not, but it is an excellent value. The 5 year comment is my own philosophy on investing, any stock that I purchase, my horizon is 5 years an a 100% (14.4% annualized) return.