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

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To: David Lawrence who wrote (1562)12/1/1998 8:06:00 PM
From: shane hartman  Read Replies (2) of 2005
 
>What are the chances of ESV going into Ch. XI or worse?

They have only 403M in debt. If they stop the stock buyback (or simply don't do it is likely) they have 373M in cash to cover capital expenditures they are undertaking in new rigs. The company balance sheet is in good shape.
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