Ensco International Inc. (ESV) Message Board

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Gold/Mining/Energy : Ensco International Inc. (ESV)

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To: Michael W. Brom who wrote (1781)	6/12/1999 9:32:00 PM
From: Gottfried	Read Replies (1) of 2005

Michael, re > i've sold all of my position as my uncle has, too.< And your uncle is the astute investor you mentioned before? Now, that worries me a bit. You're right in that earnings must improve now to drive the stock much further, and that takes higher rig utilization and day rates. It seems to me the rise so far has been strictly euphoria over higher crude prices. I'd be interested in your uncle's reasoning, if you'd care to post it. Gottfried

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