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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Bald Eagle who wrote (47839)7/13/1999 9:23:00 AM
From: marc chatman  Read Replies (3) of 95453
 
<<Actually, current SLB stockholders ( like me ) will be getting shares of RIG, so if SLB loses, then RIG should gain and it will be a wash.>>

I could be wrong, but I'm guessing that the CSFB is saying SLB shareholders will be worse off because they are receiving RIG-Sedco shares (at the agreed-upon price). Perhaps the CSFB analyst would say that the existing RIG shareholders could gain from the deal.

"CNBS" is just a not-so-subtle swipe at the never ending stream of "BS" from CNBC.
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