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Gold/Mining/Energy : Core Laboratories (CLB)
CLB 16.15+1.3%Nov 3 3:59 PM EST

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To: JakeStraw who wrote (4)5/1/1998 4:10:00 PM
From: jbe  Read Replies (1) of 39
 
I'll buy your explanation....But I can't resist noting that CRLBF is not unique in this respect. Most oil service companies are really not that much affected by the price of oil, despite the widespread assumption to the contrary. Many have reported record earnings for this past quarter -- earnings racked up at the very time that their stock prices were tanking. Wall Street seems finally to be catching on, and the sector appears to be heading up again.

jbe
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