Ensco International Inc. (ESV) Message Board

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

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To: Steven Dopp who wrote (939)	3/23/1998 10:42:00 PM
From: The Ox	Read Replies (1) of 2005

Steven, I hope you got your stock purchased! I purchased ESV last Thursday and didn't realize this SI thread existed until today. We may bounce hard tomorrow after today's 7% gain. What a day!!! I think if oil stays over $16/barrel, those same firms who downgraded ESV's estimates for next year may reconsider in the near future. It is my understanding that most of the oil services sector has a $15 to $17 bottom limit on the barrel market to ensure demand stays strong and expected growth rates intact. With ESV's bottom line expected to show a significantly greater growth rate then the current P/E reflects, it is my opinion that a patient investor in this company will be rewarded handsomely. Ensco is an excellently run company and I expect they will continue to do well long into the future. BTW, I have enjoyed reading the posts on this thread, keep up the good work people! Michael

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