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

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To: Don Parker who wrote (1401)7/29/1998 8:59:00 PM
From: sammaster   of 2005
 
i'm looking to buy back into oil drillers at some point but remember, a small decrease in dayrates and rigs that are not in use means a big loss in EPS so i think earnings will drop fast....
it helped esv on the way up and it will hurt them on the way down

any thoughts on this?
i expect earnings to drop even below revised estimates

samir
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