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


To: PashaBear who wrote (758)2/21/1998 10:13:00 PM
From: Douglas V. Fant  Read Replies (1) | Respond to of 2005
 
Harold, Agreed- good looking fundamentals and absolutely a beneficiary of the technological revolution.... I look at price/growth ratios, which is about 1 right now 30/26.4 ....

Sincerely,

Doug F.



To: PashaBear who wrote (758)2/22/1998 2:00:00 AM
From: Czechsinthemail  Read Replies (1) | Respond to of 2005
 
Harold,

Increasingly, the drillers are high tech companies, particularly in deepwater drilling. It has improved both the profitability and probability of drilling success. Modern technology now supports a much higher percentage of successful drilling and higher recovery from wells drilled.

You can find more information about this in the March, 1998 Scientific American:
sciam.com

Also, the Transocean Offshore (RIG) website:
deepwater.com

Baird