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

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To: Benchman who wrote (1760)5/24/1999 6:20:00 PM
From: bc_mack  Read Replies (1) of 2005
 
Tell me about it.

Texas Instruments announces a new licensing agreement in settlement of the Hyundai litigation. The agreement will bring in $1 billion over the next 10 years. Pru upgrades the stock. I manage to buy more before the stock goes up. Shortly thereafter . . . the stock tanks.

No matter, both stocks (ESV and TXN) are great long-term stocks. These are just short-term fluctuations of fundamentally sound companies. We will be rewarded.
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