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

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To: marc chatman who wrote (32574)12/8/1998 9:33:00 AM
From: marc chatman  Read Replies (2) of 95453
 
CNBC reports that DLJ had a private lunch yesterday with SLB execs, and SLB said pricing pressures in the OS business are expected to continue going forward; added that SLB could be in acquisition mode, particularly in the non-OS businesses (like smart card).

Of course, that will not stop the mo-mo traders from taking these stocks up if they choose.

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