agree with yr spiel re O&G sector have to keep their facilities up to scratch AND they do have the cash from very high energy prices from 1st half of 2008. I concede that if a company is 'bargain basement price' something is usually wrong and may not be a worthwhile aquasition for NMS. Nevertheless good companies can get oversold for all sort of reasons. There will be bargains around. Lange needs to pick only the very best.
NMS Price at posting:
11.6¢ Sentiment: Buy Disclosure: Held