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DewDiligence

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DewDiligence

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Re: DewDiligence post# 2569

Tuesday, 04/26/2011 1:21:46 AM

Tuesday, April 26, 2011 1:21:46 AM

Post# of 29422
Clarification re CLB’s EPS guidance—from the PR in #msg-62388929:

…the Company continues to take a cautious view of political turmoil in North Africa and parts of the Middle East.

What this means was revealed on CLB’s 1Q11 CC. If Libya stays shut down but other areas in North Africa and the Middle East remain as they are today, CLB’s 2011 EPS guidance will prove to be conservative.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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