Schlumberger - The biggest/baddest oil service company Message Board

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Gold/Mining/Energy : Schlumberger - The biggest/baddest oil service company

SLB 36.06

-0.7%

Oct 31 3:59 PM EDT

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To: Bald Eagle who wrote (170)	2/14/2001 10:47:42 AM
From: RichardHS	of 216

Let's do a little math: Before the news, SLB was trading at $78~$79. At the lowest, it was about $64 yesterday, a 20% drop!! SLB had a market cap of abotu $44b, even if the $5.2b was thrown away, that would only count for a little more than 10%! Wall Street tends to over react upon any news. RHS

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