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Gold/Mining/Energy : Ensco International Inc. (ESV)
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To: Benchman who wrote (1607)12/17/1998 12:20:00 AM
From: Charles Holewinski  Read Replies (1) of 2005
 
ESV could go lower, who knows? But at these prices one will make a lot of money if you are willing to hold for awhile. There is a big supply of oil out there and the only thing that is going to drive up the price of it is an increase in demand. Without that the price of oil and the associated stocks will remain down. That is why I think it is important to invest in oil type stocks which pay a dividend. Getting paid while waiting helps.
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