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: drsvelte who wrote (19708)	4/20/1998 3:41:00 PM
From: Teddy	Read Replies (1) of 95453

Monday April 20 RESEARCH ALERT-CSFB bullish on oil services NEW YORK, April 20 (Reuters) - Credit Suisse First Boston said in a research note that outperformance of 15-20 percent by shares of energy service and drilling companies over the S&P 500 is feasible over the next six to nine months. -- Said that valuations are reasonable given projected 14-17 percent earnings per share growth, which is at least two times projected S&P growth. -- Recommends large cap growth and value investors purchase Baker Hughes Inc (BHI - news), Ensco International Inc (ESV - news) and Schlumberger Ltd (SLB - news) and that mid-cap growth and value investors should accumulate Camco International Inc (CAM - news).

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