Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: stsimon who wrote (86940)	2/12/2001 12:38:59 PM
From: CommanderCricket	Read Replies (2) \| Respond to of 95453

Folks, Is this a good time to jump in on PGO? $9.25 looks tempting. Will someone please sell me some KEG shares at $11.00? Pleeazzz.

To: stsimon who wrote (86940)	2/13/2001 3:14:15 PM
From: Terry D	Read Replies (1) \| Respond to of 95453

Another take on SLB SLB's acquisition of Sema dilutes EPS just as the oilfield cycle shifts into high gear. Investor's, recognizing SLB's poor track record in non-oilfield businesses, pushed the stock down 12%. Management believes that the non-oilfield businesses will achieve 20% revenue growth and 10% pre-tax margins by 2003. We lowered our 2001 EPS estimate to $1.70 from $1.95 and our 2002 estimate from $2.55 to $2.35. We lowered our price target from $90 to $85 based on the diminished EPS outlook in 2001.