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

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To: Ryno who wrote (1642)1/18/1999 12:15:00 PM
From: Ram Seetharaman  Read Replies (3) of 2005
 
I hope you didn't buy a whole lot. 1-13-99, S&P Outlook, page 3, gave ESV and RDC a one * "sell" - with a comment - "these shallow water drillers have been hardest hit by drop in rig utilization. With lower drilling activity slated for 1999, stock should slip further". You could always pick up more at single digit prices. There is a lot of insider buying, however, of ESV. If you have a two to three year investment span, you are okay and will make money!
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