Halliburton-On the rise? Message Board

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Gold/Mining/Energy : Halliburton-On the rise?

HAL 27.18

+1.3%

9:30 AM EST

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To: tombet who started this subject	1/24/2002 10:37:49 AM
From: E_K_S	of 153

1-24-2002 - From Briefing.com 17:49 ET Halliburton (HAL) 10.80 +0.55: -- Update -- On call, says it does not anticipate having to return to capital markets in 2002 for additional funding... tries to downplay impact of asbestos claims by clarifying that the aggregate cost to date to dispose of 20 years of claims is less than one quarter's worth of dividend payments... HAL -0.05 at 10.75 17:44 ET Halliburton (HAL) 10.80 +0.55: -- Update -- On call, says it thinks rebound in gas market will be a back half of year phenomenon (many pundits expecting rebound in first half)... separately, forecasts oilfield services earnings will be down 15-20% in 2002, but notes it would expect earnings in engineering and construction segment to be up... HAL -0.05 at 10.75 17:18 ET Halliburton (HAL) 10.80 +0.55: -- Update -- On call, notes that prior speculation surrounding a Texas court case and the likelihood HAL would have a significant verdict leveled against it was entirely untrue; says on call that the Texas case speculated on concluded last week with a verdict in HAL's favor... HAL -0.10 at 10.70 17:10 ET Halliburton (HAL) 10.80 +0.55: -- Update -- On call, concedes that asbestos litigation is very serious issue, but wants to continue to emphasize that it thinks the discount on its stock due to asbestos concerns is "excessive"... notes new claims filings were down for second quarter in a row... HAL -0.32 at 10.48 16:07 ET Halliburton (HAL) 10.80 +0.55: Reports Q4 (Dec) earnings of $0.33 per share, in line with the Multex consensus of $0.33; revenues were $3.17 bln vs the consensus of $3.17 bln

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