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

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To: XOsDaWAY2GO who wrote (16478)3/25/1998 1:08:00 PM
From: Broken_Clock  Read Replies (2) of 95453
 
barbara...
fgii right in line with the rest...down early then up a buck 50.. Overlay an IQ 5 minute chart of the osx with USA oil chart and they are mirrors. Still trading with oil.

Apparently the fact that SLB got the ONLY key to the Russian oil market doesn't seem to impress the funds. Initial contract of a paltry 200 million(could have had more but SKLB is "testing" the waters...probably want to see if they get paid in $ or roubles>g<)...if things work out there could be billions in work...oh well. No wonder SLB wasn't looking to merge with anyone.

PK
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