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Gold/Mining/Energy : Ensco International Inc. (ESV)
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To: Ram Seetharaman who wrote (1815)8/11/1999 4:29:00 PM
From: Michael W. Brom  Read Replies (1) of 2005
 
Ram,

While demand for oil is increasing, I feel that much of that may already be factored into oil stocks. They are somewhat overvalued compared to previous years. At best they are fairly valued in my opinion. Who knows, though.

Michael

p.s. EMC had a good day today, didn't it? I'm ahead with DELL as opposed to if I had kept my EMC shares. That was a good move. EMC is a good trade, though. It had been knocked down TOO far. That's why it had a nice bounce today.
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