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To: Bill Li who wrote (5941)	12/22/1997 11:53:00 PM
From: Big Dog	Respond to of 95453

Thanks for posting that Bill. Everyone read every word of it. SLB is doing a very smart thing. Watch the cash register -- don't listen to the naysayers. Glory WILL be ours.

To: Bill Li who wrote (5941)	12/23/1997 12:22:00 AM
From: chirodoc	Read Replies (1) \| Respond to of 95453

<<<<<Schlumberger (SLB): Pushing the Edge of the Integration Envelope, Maintain Strong Buy and $105/Shr Target .......just bought a tad today and will buy a bit each week to average down. i still think the selling is due to momentum guys bailing, fund managers locking in gains, tax loss selling, unbridled fear, oil price drop, and asian crisis. ........but most of us, including MStanley, expect this sector to be one of the more profitable sectors next year. .......i have learned that when the prices are low and the sentiment is bad--buy a little more. when the sentiment is exuberant sell a little. otherwise, hold good companies for the long term unless fundamentals OBJECTIVELY demonstrate downturn in sector. ........my take: by next spring, japan will be rebounding, followed by ASEAN countries over the next 3-6 months. this will drive price of oil up and we will be off again!