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To: marc chatman who wrote (49872)8/25/1999 10:16:00 PM
From: shust  Read Replies (1) | Respond to of 95453
 
Marc, during the last week or so I've been able to watch CNNfn during the last hour. There was four times that I saw interviews on the floor where you could see the big board in the background and each time there was WFT listed with a large block sell. Today there was one for 120 000. Definitely some selling pressure. I know of a few people here in Venezuela that work for Weatherford. Hopefully, I will see them in the near future and ask if they know anything that may be happening. I sold half my position at 38 since it seems to have lots of trouble breaking 40. It's got a ways to go now.

shust



To: marc chatman who wrote (49872)8/26/1999 12:49:00 PM
From: Douglas V. Fant  Respond to of 95453
 
marc, WFT-yes- a bit overextended currently. I agree, a great company, but let the price pullback before you take a position there IMO.....