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: Wallace Rivers who wrote (56924)	12/15/1999 8:09:00 AM
From: SliderOnTheBlack	Read Replies (1) of 95453

CISCO DOWN $9 in Instinet trading; "but" ! CNBC is now quantifying this as a "boilerplate" statement & a "been here & done that" statement that Cisco has used before... alluding that this could be a fake out... Looks like this is NOT what we need to stop the madness; but - curious to see how nervous the market is and how it reacts. Wallace: SLB:http://quote.bloomberg.com/news2.cgi?T=energy_topnews.ht&s=70332623 New York, Dec. 14 (Bloomberg) -- Some analysts who follow Schlumberger Ltd., the second-largest oilfield service company, say they lowered fourth-quarter earnings estimates because the company advised them business is weak at some units. * XOM announcing that the actual cost savings may be double what they originally projected in the Exxon/Mobil merger.

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