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Gold/Mining/Energy : Schlumberger - The biggest/baddest oil service company
SLB 36.06-0.7%Oct 31 9:30 AM EST

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To: maxed who wrote (56)8/15/1998 1:22:00 PM
From: Wren  Read Replies (1) of 216
 
SLB has dropped almost in half from it 94+ 52 week high. Will it continue? I have recently bought some smaller oil service stocks that are at about 1/2 or less of their 52 week highs. Core Labs now at 18 from 30, Friede-Goldman now at 14 from 48, and Rowan Companies now at 12 from 44.

I have not bought SLB yet. Do you think the oil service industry has bottomed?
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