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Gold/Mining/Energy : NATIONAL - OILWELL INC. (NOI) - undervalued/takeover ? -- Ignore unavailable to you. Want to Upgrade?

To: Duke who wrote (8)	10/27/1998 6:45:00 PM
From: Richard B. Haenisch	Read Replies (1) \| Respond to of 44

Well, well, well! Not too bad, considering one big sell order of 75,000 shares filled throughout the day, came across the specialists desks. (the sell order was filled between 16 11/16 and 15 1/2 dragging the stock down after reaching a high of 16 11/16 early in the day) Overall the oil equipment sector hung in pretty tough, considering the incredible rise over the last few sessions. For the day: Oil well services & equipment index 505.81 + 1.07 (+0.21%) Depending on if the situation in Brazil is substantiated or not (currency devauation?), we will see if investors will continue to take profits or if the sector maintains its path to recovery? Stay tuned... Rico P.S. Duke, You are welcome, you may get your chance to buy more NOI under 15, but hopefully not for long! P.S.S. Volume today was very light compared to the last three sessions