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 (1791)	6/26/1999 5:52:00 PM
From: Ram Seetharaman	Read Replies (2) of 2005

I WILL WATCH WG AND TK - THANKS! YOUR UNCLE MUST BE QUITE A SURVIVOR! THE LAST TIME I SAW THE OIL BUSINESS GO DOWN WAS @ 1985. AFTER THAT I HAVEN'T HEARD GOOD NEWS ABOUT GROWTH IN THE SECTOR. RESTRUCTURING AND REENGINEERING HAVE STREAMLINED THE INDUSTRY TO MORE REALISTIC EXPECTATIONS IN THE LAST 14 YEARS. FIDELITY SELECT ENERGY SERVICES GAVE THE WORST RETURN OF ANY MUTUAL FUND FROM 1985 TO 1995. RIGHT NOW THERE IS LOT OF VALUE IN THE SECTOR - GLM, IO FOR SURE! ONCE I SELL SOME OF MY SEMI/CHIP STOCKS AND GET SOME CASH OUT, I AM GOING TO BE PUTTING THEM IN GLM, IO, HAL, SLB ETC. I ALREADY OWN ESV - MY AVERAGE ON ESV IS $ 10! EVEN IF IT HITS $ 30 BY END OF 2000, I WILL TREBLE MY MONEY - NOT BAD AT ALL! YOU WANT ANOTHER UNDERVALUED OIL STOCK - TRY GOU (GULF CANADA!). MY AVERAGE IS $ 3. AT $ 4 NOW, IT IS STILL CHEAP. I WATCHED SOME INVESTMENT FIRM IN TENNESSE BUY GOU BY THE MILLIONS @ 2+, 3+ PRICES . I THINK THEY OWN 35 % OR MORE! GOU WILL BE EITHER BOUGHT OUT OR SOME ASSETS SOLD OFF, FOR A PRICE OF $ 6 OR BETTER!

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