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Gold/Mining/Energy : Ensco International Inc. (ESV) -- Ignore unavailable to you. Want to Upgrade?


To: Benchman who wrote (1780)6/12/1999 9:25:00 PM
From: Michael W. Brom  Read Replies (2) | Respond to of 2005
 
just popped in to see how everyone's doing. a nice run to $20, but i've sold all of my position as my uncle has, too. it's hard to see this stock doing much more in the short term. it would be nice to see $80 (for your sake), but the stock's PE would not justify such a lofty price unless earnings pick up. after all, this is NOT a tech stock. and, if the market does correct as some are predicting, who knows what kind of effect that would have on oil stocks. it will be interesting.

best wishes,
michael