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

To: TheSlowLane who wrote (104)	8/19/1998 9:04:00 PM
From: FoxGlove	Respond to of 174

it looks to me like this stock has bottomed out and might be a buy at 14 7/8 and a sell at 16. Buying and selling might eventually be a way to make up for losses. Any comments??

To: TheSlowLane who wrote (104)	8/20/1998 12:38:00 AM
From: Dennis J.	Read Replies (2) \| Respond to of 174

Any facts/opinions on NBR to share? Was there a conference call recently? Any chance of a brief summary? Are any NBR research reports available to the public? Can you post or fax any? I'm told if all works out, there is a double in this stock in say two years. If so, that would be 35-40% compounded, and hard to beat! Why trade such a stock. Just put it away, and buy more on the way up. Just check Zack's Research. Of 12 brokers, there were 4 strong buys, 4 buys, and 4 holds. That's a 2 rating, where 1 is strong buy and 5 is strong sell. Also room for increased following by brokers. Earnings for this year est. $1.37 by Zack's and $1.75 or so for next year. All in my opinion only. I could be wrong. Let's have some feedback. Dennis