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Gold/Mining/Energy : Schlumberger - The biggest/baddest oil service company -- Ignore unavailable to you. Want to Upgrade?


To: Bald Eagle who wrote (32)7/29/1998 1:16:00 PM
From: BostonView  Respond to of 216
 
Standing at the edge of the pool, leaning, but can't jump yet.

I'll wait for a retest of the 59 area to see how it holds. I don't think there's much downside here, but it's not about to take off either. IMO, no harm in waiting.

BV



To: Bald Eagle who wrote (32)7/29/1998 3:50:00 PM
From: LJM  Respond to of 216
 
Yes I do realize this. My choice of words I agree was not exact; however, the two - Drillers and Service Cos. have both been correcting pretty much in tandem. I like them both DO and SLB for the long term and think the bottom is close at hand. I'll average down from my purchase today, if we continue to shed some more points. Still feel the value is compelling for both in this market.

LJM



To: Bald Eagle who wrote (32)7/30/1998 1:03:00 PM
From: Rocon  Respond to of 216
 
I didn't realize that this is the biggest segment of SLB's overall business........glad you brought to my attention.
Looking for an upward momentum.......

Ron O'Connor