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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: stevedhu who wrote (47125)	6/30/1999 3:28:00 PM
From: tdl4138	Read Replies (2) \| Respond to of 95453

Thanks.. crude now @ 19.35....do I hear $20?...$21????

To: stevedhu who wrote (47125)	6/30/1999 3:28:00 PM
From: Redman	Read Replies (2) \| Respond to of 95453

Here we go, hopefully the first of many. Red Wednesday June 30, 3:10 pm Eastern Time Halliburton sees 2000 net rise from 1999 "trough" HOUSTON, June 30 (Reuters) - Halliburton Co. (NYSE:HAL - news), the world's biggest oilfield services company, said on Wednesday that it saw earnings bottoming in 1999 but expected a significant increase in 2000. ''We think 1999 is the trough, and 2000 we think will be significantly improved over that,'' Chief Executive Officer Dick Cheney told reporters at an energy conference in Houston. Cheney said Halliburton's earnings would bottom out sometime around the middle of this year. He declined to comment on First Call consensus forecasts for earnings per share of 90 cents for 1999 and $1.45 for 2000. In 1998 Halliburton posted earnings per share of $1.67. Cheney said he was optimistic about the long-term outlook for the oilfield services industry. The North American natural gas market would probably be the first energy market to improve, he said.