Ensco International Inc. (ESV) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Gottfried who wrote (1333)	6/23/1998 10:17:00 AM
From: mph	Read Replies (1) of 2005

Thanks, GM. I guess that lends some credibility to my opinions based on my own internal mechanisms...of course, there are many around here who haven't much use for ANALysts' opinions....<g>I do find it hard to believe that weakness will continue at the same level until 2000. I doubt that the Asians would stand for such decreased utilization of oil for so long a period. We also anticipate a colder winter and there's still plenty of summer driving season ahead. As my friend Chuzzy so eloquently points out, cheaper oil = greater demand/use because it is cheap! This suggests that the current glut should diminish substantially by year end. If the OPEC jokers manage to slow production, it appears that there's a chance of more balance by year end. mph mph

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next