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

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To: Shelia Jones who wrote (1025)4/7/1998 3:47:00 PM
From: Czechsinthemail  Read Replies (1) of 2005
 
Sheila,

It is amazing that they can come up with a drop in demand for offshore drilling in the Gulf based on a drop in the overall U.S. rig numbers (virtually all land rigs) even while the numbers and % utilization rates for the Gulf have actually improved vs. the year ago numbers.

I would say they went out of their way to do a drive-by shooting on ESV, particularly in light of the limited correction of their story.

Baird
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