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

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To: BigBull who wrote (86002)2/2/2001 8:11:22 PM
From: Razorbak  Read Replies (1) of 95453
 
"BJ Services CEO Plans to Sell $16 Mln in Stock"

Friday February 2, 2:46 pm Eastern Time

WASHINGTON, Feb 2 (Reuters) - The chairman and chief executive of BJ Services Co. (NYSE:BJS - news) intends to sell more than $16 million of the oilfield services company stock, a regulatory filing showed on Friday.

J. W. Stewart, who is also president of the Houston-based company, plans to sell 206,730 common shares, according to a document filed with the Securities and Exchange Commission on Wednesday.

The document also showed that he acquired the shares after exercising options and has not sold any stock in the company in the last three months.

A telephone call seeking comment was not immediately returned.

Its shares climbed $3.08 to $79.58 on the New York Stock Exchange, just below their 52-week high of $80.50. Their year low is $40.88.


biz.yahoo.com
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