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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: shust who wrote (47955)7/14/1999 10:29:00 AM
From: articwarrior  Read Replies (1) | Respond to of 95453
 
Yeah Check out the bottom of Ensco's Rip

"NOTE: The company said decline in earnings due to reduced
demand for contract drilling and related services in 1999
compared to 1998.
Slowdown in activity and lower day rates for rigs, marine
vessels will likely continue to hurt results for year, the
company said."

Gee do ya think they were hoping that the 700 project wasn't on time or what?