Ensco International Inc. (ESV) Message Board

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

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To: skibob who wrote (1377)	7/14/1998 12:09:00 PM
From: G. H.	of 2005

You have some good points. I am usually not a short term trader, but I could not resist a dollar per share gain in one day, so I sold this morning. I read the GLM release and while their numbers were very good, they warned of lower jack-up rig day rates, I would expect ESV to do the same tomorrow. Whether or not this (news) has already been factored in remains to be seen. IMO I think it has, but you can never count on how a warning will be taken, and since ESV has such a large exposure to Jack-up's, I felt it prudent to take the money and run. I will be looking for a good re-entry however, as this sector looks great for long term. Good luck Henry

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