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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: BigBull who wrote (43477)4/29/1999 8:58:00 AM
From: marc chatman  Read Replies (1) | Respond to of 95453
 
Weatherford Reports Results for the 1999 First Quarter

HOUSTON, April 29 /PRNewswire/ -- Weatherford International, Inc. (NYSE: WFT - news) today reported first quarter revenues of $353.8 million, down 38 percent from the prior year first quarter. Net income was $2.5 million and diluted earnings per share were $0.03, down from $0.63 a year ago.

...

biz.yahoo.com

Thursday April 29, 8:32 am Eastern Time

Weatherford Sees Signs of Recovery in "Emerging
Market Economies"

(This is a headline-only alert, although it will likely be followed by an article soon)



To: BigBull who wrote (43477)4/29/1999 9:49:00 AM
From: Jon Cave  Read Replies (1) | Respond to of 95453
 
The two SOB's that downgraded oil stocks, must not have bought any before the run up. Now, they see that they missed the boat and they downgrade the oils so they can load up. I 've seen this a lot. Sorry SOB's.

By the way, some outfit raised the earnings estimates for RIG today.