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To: MARK BARGER who wrote (44217)5/6/1999 5:46:00 PM
From: Broken_Clock  Respond to of 95453
 
SII has a p/e in excess of 40 looking at 1999 projections. The old adage: Would you buy at 49? I answered no. i would sell right now at 49. Oil surged this week and the osx leaders made no headway. SLB made no headway for the 3rd week in a row! tells me that the :big boys" have enough of SLB at these levels. The oil tech conference and earnings reality have taken the steam out of the osx rally for now. ..IMHO.