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Gold/Mining/Energy : Halliburton-On the rise? -- Ignore unavailable to you. Want to Upgrade?


To: tombet who wrote (3)12/20/1998 11:03:00 AM
From: Upticker  Respond to of 153
 
Yes it is a steal
However I will wait for any dip under 30 to buy and forget about it.
Great long term Co.



To: tombet who wrote (3)12/20/1998 2:19:00 PM
From: Greg Jung  Read Replies (1) | Respond to of 153
 
A steal? They are still selling at over 3x book, no debt
but multiple on a normal earnings year (estimates have not been dropped to account for $11/bb oil, IMO) is > 10. What kind of lock do they have on oil production that they can earn $2/year. Anything oil should be now very cheap - Haliburton doesn't look so cheap.

Greg