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Gold/Mining/Energy : Weatherford International (WFT)

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To: Douglas V. Fant who wrote (34)8/13/1998 9:33:00 PM
From: Grommit  Read Replies (2) of 142
 
I am sure that you all have noticed the massive sales last month by insiders in the $35 range. And I have never been thrilled with the company's the executive compensation levels.

I give no credence to analysts these days. Does anyone have an inkling if the analysts are blowing smoke with these present estimates and how tough the competitive environment is right now? Some of these products look pretty sophisticated to a non-oil person like myself, and others sound very commodity like.

thanks & sorry for the ignorance,

....
PS - I have jumped in and out a couple of times saving my skin for another day, wondering when and if to jump back in.
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