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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (23821)	2/25/1999 7:35:00 AM
From: Neil H	Read Replies (1) of 50167

IQBAL Just took a small position in SLB at 48. Risk rewards look good. Anticipating YE increase in oil prices and market moving 3-6 months earlier. Has the feel to me of AMAT last year. No one wanted it and it was going broke. But it is the king of the industry and the kings take hard times to consolidate so they are even more dominant on the next upswing. Regards Neil

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