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

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To: Eric Jacobson who wrote (738)2/7/1998 9:13:00 AM
From: jim p. holcomb  Read Replies (1) of 2005
 
To all ESV faithful,

Not a bad week. Up 3 1/4 over last week. The March issue of WORTH magazine has a good article and recommendation of ESV on pages 108-110. This analyst is bullish on drilling stocks and is buying them at this time and his favorite is ENSCO & Cliff's (CDG) among the offshore drillers. The fiscal '97 report did not have it in the fine print; but, Investor's Business Daily had an "after tax profit margin of 33.5%" which is nothing short of great. Very few industries or companies can make this claim. I feel we are in for a slow but steady climb upwards, barring a national panic regarding the supply and demand for oil.(IMHO). Jim.
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