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Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?

To: Intel Trader who wrote (2099)	3/13/1998 2:53:00 PM
From: MonsieurGonzo	Respond to of 11051

IT; RE:" Oily NOOZ " RESEARCH ALERT - Oil drillers downgraded NEW YORK, March 13 (Reuters) - Jefferies said on Friday it lowered its rating on shares of Western Atlas Inc (WAI - news), Tidewater Inc (TDW - news) and Schlumberger Ltd (SLB - news). -- Analyst Roderick McKenzie Jr cuts Western Atlas to hold from buy, believing shares are fairly valued at 29.5 times 1998 earnings. Stock down 7/8 to 76. -- Tidewater was cut to accumulate from buy based on a revised short-term crude oil outlook. Stock down 1/16 to 44. -- Schlumberger lowered to accumulate from buy due to reduction in oil price forecast for 1998 and 1999 and higher share valuation, he said. Stock up 1/16 to 70-15/16. ...still say if the OSX.X hits ~99, go long 60-90 days out {grin} Boy, AMZN is tempting; buy high, sell higher ? = according to the candlesticks, Bob - SOX.X should go down = -Steve