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

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To: Michael W. Brom who wrote (1791)6/21/1999 7:41:00 AM
From: oilbabe  Read Replies (1) of 2005
 
Ram, the bullishness you express reminds me of the CMGI, AOL and RNWK boards a few months ago! Well, maybe not that bad, but take heed of the huge run up, and the probable profit taking here. After all, earnings are not growing at 40% in these companies. OSX looks heavy to me here pushing up against resistance, although I am prejudiced since I sold my Fidelity osx and went into Hong Kong -China on Friday. Just think maybe the enthusiasm needs to be tempered somewhat. After all, it was the negativity in the early winter that caused all the buying. I am now seeing chat rooms talking about HAL like it was AOL! That makes me kinda nervous!
Love it here long term, but for new investors, I'd be careful here!
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