SI
SI
discoversearch

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 : SII Rebound -- Ignore unavailable to you. Want to Upgrade?


To: John Rowton who wrote (4)9/30/1998 4:33:00 AM
From: J. Fred Donham  Read Replies (1) | Respond to of 14
 
John,

I work for a SII division, and there have been rumors flying around everywhere. From what I understand, SLB is interested in the fluid portion of SII, where I work. These are just rumors. I have some SII stock and averaged down when we got to 18 1/2, figuring we could not go much lower. I do not have any insider type information as I am just a worker bee, but do know that we cut head count and positioned ourselves for the current market slide in drilling. All of my information has come from threads on the net and watching our moving averages.

Regards,