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DewDiligence

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DewDiligence

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Re: DewDiligence post# 4253

Tuesday, 02/07/2012 3:16:20 PM

Tuesday, February 07, 2012 3:16:20 PM

Post# of 30545
Question for anyone from CLB’s 4Q11 (from same CC transcript as previous post):

…related to North America, some of the big pressure pumping companies that had margin issues as this transition has unfolded, it seems like given the way you sell your products and get your products to market that shouldn’t be an issue.

Which companies is the questioner referring to and what are the “margin issues” with those companies? T.i.a.

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

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