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$60.50 -0.05 (-0.08%)
10/10/2008 4:05 PM

Schlumberger Limited (ADR) (SLB)

CAPS Rating:
*****

An oilfield services company, supplying technology, project management and information solutions that optimize performance in the oil and gas industry. It consists of two business segments: Schlumberger Oilfield Services and WesternGeco.

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Avatar alienone (< 20) Submitted: 7/09/07 1:08 PM : Outperform Start Price: $86.87 SLB Score: 11.80

Oil and Gas are going to explode even further within the next 5 years, my forecast is 20 years out until Oil and Gas even begin to see a downturn and renewable energy source begin to take hold.

SLB is a clear 5 year outperform.

From the WSJ 07/09/2007

IEA Warns of Impending
Crunch in Gas Supply
By BHUSHAN BAHREE
July 9, 2007 9:11 a.m.

In a dire forecast, the Paris-based International Energy Agency is warning of an impending crunch in the supply of oil and natural gas needed to power world economic growth in coming years.

The IEA is the energy watchdog of the world's 26 most-advanced economies, and its pessimistic assessment is contained in its latest annual medium-term forecast to 2012, which was released Monday. The agency expects oil supply to be tighter in coming years than it had previously forecast, with little prospect of relief except a possible easing should world economic growth falter. (See the full text of the report.)

The IEA doesn't forecast oil prices, though its conclusions imply that consumers should expect continued upward pressure on the cost of energy.

"Oil and gas price pressures look set to remain in the coming years," the IEA report said. "Slower-than-expected GDP growth may provide a breathing space, but it is abundantly clear that if the path of demand does not change on its own, it may well be driven to change by higher prices."

On Friday, world crude oil prices moved closer to the record-high settlement of $77.03 chalked up a year ago this month. August delivery crude oil on the Nymex ended at $72.81, up $1.00.

Crude prices are still well below the inflation-adjusted highs reached 27 years ago, however. Based on May consumer-price data in the U.S., a barrel of crude fetched $101.26 in April 1980.

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Avatar 4dell (< 20) Submitted: 7/15/07 12:48 PM

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I bought this stock this year at less than 64.00/share--now it falls under Cramers 80 going to 100 mantra. Unfortunately it can fall when and IF oil prices fall--but only as it is linked in the minds of investors as being immediately affected by the price of crude (which it is NOT as it supplies services to oil producers and doesnt own wells or is dependant on oil prices).

One poster on another website argued it was a "driller" and thus dependant on crude prices. While a part of SLB is drilling wells for oil companies and governments I pointed out these were long term contracts and SLB still got paid whether the oil produced sold for 50/bbl or 100/bbl.

SLB is a great long term play--they only have to compete with other like companies and keep their technology at the leading edge.

There may be another investor play in this small collection of oil service companies---a "baby" SLB--I would like investors to investigate and offer opinions on "IO".

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Avatar uncensorme (< 20) Submitted: 8/19/07 2:13 PM

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82.00 was a good base for the current rise. As was 63.00 earlier this year. Too bad the msn boards are being censored by board moderators--It probably cost some earlier this year--my blog--
Preview Your Post
CENSORSHIP AT MSN MONEY BOARDS--MARKETWATCH, GLOBAL--TRUTH BECOMES UNWANTED

AND DELETED POSTS--EVEN PROFANITY!

If you attempt to start a discussion on any stock or subject that is

contrary to the board moderators position on MSN financial message boards

they are blocked and deleted.

The truth is "an unwanted post" there.

You have to go to the UK MSN site to see any freedom of speach on message

boards. Captain, joanarc and brodbi on the US site all are involved in this

arbitrary censorship.

I wanted to discuss 4 stocks back in Feb thru May 2007---SLB, GOL, DELL,

APKT--three of the four developed substantial gains over that period and

beyond. SLB developed a gain of over 50% when I took "profits only" earlier

this month. GOL developed over 30% from Feb to mid June when I cashed in on

that gain (it is now positoned again for a substantial rise). I sold DELL

entirely while it was still being pumped by board moderator and made a

profit before it fell. Only APKT lost money but is now postioned for the

long term and I doubled that postion.

While there may have been a technical glitch initially preventing entering

GOL at the site there was no basis for characterizing any of my posts as

profanity and hiding them. --When this tactic failed the posts were moved

to rarely used boards then actually deleted.Finally I was banned entirely

from posting as 4DELL in May 2007 and just today again under another

username UPNUP.

I wanted to post the following to relate to what had happened in May and

suggested other posters check out SLB and GOL now--

I replied to Brobding post on marketwatch today--"realize the technical

glitch may still be present re GOL but it was not the cause of deletion of

messages 128 and 130 and message 2 on this post.--deleted thanks to

joanarc and captain--possibly justifiable as 2 did not follow "1929" theme

of terror but surely they should have survived under an entirely new

subject posting.
Those deletions were intentional as will be the deletion of this post re

censorship that is continuing on these boards.

I quoted previous moderator stock bashing to brob today verbatim-

on 5-14-07 Capt Charles advised me re G-O-L--
-"4/19 Brazilian airline, 1Qt profit fell more than 1/3 due to flight

cancellations and delays, which reduced it's load factor, problems with

Brazils air traffic control system caused flight cancellations, that

effected travel demands. Net income under US accounting rules fell to 116.6

million from 179.8 million in same Quarter last year, avg.fare fell 22% in

1Qt load factor fell 69.8% from 70.6% in same Qt a year ago. Net rev.rose

18% from year earlier operating costs rose 43% from year earlier".

These out of context factoids would cause a miss of 30% actual gain with

GOL.

Shortly before this bash another MSN board moderator posted another bash on

another stock I owned-SLB

-"Another example of "news" was an article regarding another stock I

have---S-L-B--the article was posted to influence "chicken little"

investors to sell."S-L-B executives sell off holdings". I followed up on

this "news" evidence and found that an officer sold a small portion of his

stock --amounting to what would be "walking around money" for him.The news

was not news nor was it useful."

I bought a position in SLB in 2007 when it was less than 63.00 and took

"profits only" when it was over 96.00--6 months later--over 50% profit.

Back in at 82.00 I should now be good for 100.00 before years end. I was

lucky--caused by nervousness--it was not helped by the board moderator

bashing this stock in May 2007.

One thing to mention here is that Forbes is more investor friendly and open

than MSN financial message boards.

When I followed through on the "news" cited by the MSN board moderator (on

SLB) I realized his posting only "director sells shares " caused needless

angst. I emailed Forbes and suggested they include at least the details of

the amount in future "news" blurbs--they thought that was a good idea and

changed those news "blurbs" to be less out of context.

(Actually a director selling 0.0000003% of all available stock is not

"news" when it was only a portion of his holdings--something the moderator

knew full well when he was bashing the stock on the message board.)

If you wish to check if brazilian "politics and market" can be discussed

freely at appropriate msn board please feel free to try--my post inviting

discussion on that topic may not have been deleted yet. Try to discuss GOL,

or BAK at the "marketwatch board" will get you zip. By the way, that

stock-- BAK--- was a great producer for me too.




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