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


To: Wendell Abernathy who wrote (106)1/28/1999 8:23:00 PM
From: Denice  Read Replies (1) | Respond to of 216
 
I want some for 44. Do you mind letting it drop long enough for my buy? After that it can climb as high as it wants. Good luck to everyone.

Denice



To: Wendell Abernathy who wrote (106)2/28/1999 12:55:00 AM
From: TonyAylward  Read Replies (1) | Respond to of 216
 
SLB Chart looks OK ....at least in 1999 ....nice little rise from $40 to $49.

Problem is that oil price sucks and will probably continue to suck for some time to come. US economy slowing, North Sea oil production seen up 13%, Vast untapped Caspian supplies economic at @12 with current technology providing a nice ceiling, Asia = 90% Japan and Japan stil in economic coma. Germany looking shaky too. CRB price index setting new lows regularly.

I would trade it between $49 and $40.