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: Lazlo Pierce who wrote (5937)	12/22/1997 11:47:00 PM
From: Big Dog	Read Replies (1) of 95453

The street.com article just shows how ignorant these finanical-types are. They are scraping and begging to find ANY dent in the fundamentals of the sector, and this is the best they can come up with. The article freely admits that the details of the contract are not known...so DUH...how can they say it is below market...whatever market is. The article also says there are many components possible to a charter arrangement...especially with a multi-faceted, huge company like SLB. So why would they write a bearish article? 'Cause they are stupid. Here is a future article headline: SLB Earnings Increase Surprise Analysts Due to Unexpected Revenue From Offshore Rig Contract Watch the cash register and you will make money, IMO. I'm going to bed.

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