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

To: Think4Yourself who wrote (53140)	10/18/1999 10:05:00 AM
From: Think4Yourself	Respond to of 95453

NEW YORK--(BUSINESS WIRE)--October 18, 1999--Schlumberger Limited [NYSE:SLB] reported today that 1999 third quarter operating revenue of $2.25 billion was 23% below third quarter 1998. Net income and diluted earnings per share were $139 million and $0.25, both 60% lower than the same period last year before the 1998 third quarter charge. Oilfield Services revenue decreased 28% year over year as the rig count declined 16%. Compared with the second quarter of 1999, revenue increased 2%. biz.yahoo.com

To: Think4Yourself who wrote (53140)	10/18/1999 2:57:00 PM
From: Gameboy	Read Replies (2) \| Respond to of 95453

Warburg slams FLC, RIG, GLM, and DO (from Buy to Hold) but on the same day Lehman Brothers upgrades BRR from Outperform to Buy, Salomon, Smith, Barney upgrades ESV from Outperform to Buy, and Prudential upgrades GLM from Accumulate to Strong Buy. Warburg and Prudential seemed to have squared off on GLM with Warburg downgrading from Buy to Hold and Prudential upgrading from Accumulate to Strong Buy. Am I the only one who had never heard of Warburg before?