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


To: Giordano Bruno who wrote (9319)1/22/1998 7:50:00 PM
From: The Perfect Hedge  Respond to of 95453
 
This was reported after SLB posted earnings:
>>Oil prices, Schlumberger report hurt service cos

NEW YORK, Jan 22 (Reuters) - Schlumberger Ltd (SLB - news) was among several oil service
stocks down sharply on Thursday, dragged lower by the falling price of oil and by concerns sparked
by Schlumberger's fourth-quarter results.

Schlumberger was off 8-7/8 at 72-5/8 at midday after reporting fourth-quarter diluted earnings of
$0.72 per share, up from $0.50 a year ago but below the consensus Wall Street estimate of $0.76.<<Notice they used the diluted eps and not the basic.
GD