Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: DavidG who wrote (46333)	6/12/1999 1:23:00 AM
From: Douglas V. Fant	Read Replies (3) of 95453

DavidG., And rightly so! SLB would need to take on too much debt in order to enter a business that they do not know...Won't happen IMO. SLB IMO would be better off following the WFT approach which is acqusition by a 1,000,000 pieces. Every time I turn around I hear of WFT buying another small OS service company.... Boy is the market pulling back? With much of my chips stacked in OS and energy stocks and then Asian mutual funds, these areas seem to be riding out the pullback pretty well so far.... Let's hope that we keep a lot of skeptics about oil, gas so that this rally can run further....

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