Schlumberger - The biggest/baddest oil service company Message Board

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Gold/Mining/Energy : Schlumberger - The biggest/baddest oil service company

SLB 36.85

+2.8%

3:59 PM EDT

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To: Bald Eagle who wrote (168)	2/13/2001 3:23:38 PM
From: RichardHS	Read Replies (1) of 216

Wall Street only looks at the next two months, perhaps. The deal will of course affect outlook for the next few months. But SLB needs to keep a perception of technology leader to gain more business in the oil field. This is the perfect time for investing away from the oil service at boom time while bottom fishing in the IT sector with cash. Everything just come together perfect. Take notice that SLB used cash instead of stock for this deal. This indicates that SLB considers its stock under valued! Tighten seat belt and it will not be too long before we reach higher ground. RHS

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