Halliburton-On the rise? Message Board

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Gold/Mining/Energy : Halliburton-On the rise?

HAL 27.10

+1.0%

3:59 PM EST

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To: tombet who wrote (3)	12/20/1998 2:19:00 PM
From: Greg Jung	Read Replies (1) of 153

A steal? They are still selling at over 3x book, no debt but multiple on a normal earnings year (estimates have not been dropped to account for $11/bb oil, IMO) is > 10. What kind of lock do they have on oil production that they can earn $2/year. Anything oil should be now very cheap - Haliburton doesn't look so cheap. Greg

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