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

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To: shust who wrote (1622)1/4/1999 8:58:00 AM
From: steve harris  Read Replies (1) of 2005
 
Thanks Shust. Ensco removed their "press release" section from
their website. (or I ain't found it yet)

I'm just waiting on some more companies to announce they are not
going to make earnings so their stock will revisit their 52w lows.
That would be the time to add more.

ESV looks good but my UTI is selling at a discount to book value.

An assumption I use is the companies who are above book value are
popular and strong financially. The ones at book may be ok. The ones
selling for .5 or less of book value, after looking at financials,
are in debt up to their eyeballs. So the current price of the stock
seems to forecast their future possibilities. It's not an exact
measurement but using Hoover's stock screener, the one's below .5
book do look bad.
stockscreener.com

Thanks again Shust and Christmas at the beach sounds good to me.
steve
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