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

To: David Lawrence who wrote (979)	4/2/1998 10:05:00 AM
From: RealMuLan	Read Replies (1) \| Respond to of 2005

ESV upgrade. Thursday April 2, 9:46 am Eastern Time RESEARCH ALERT - Ensco started as a buy NEW YORK, April 2 (Reuters) - Prudential Securities has started coverage of Ensco International Inc.'s stock, and rated it a buy, a source at the brokerage said.

To: David Lawrence who wrote (979)	4/3/1998 2:08:00 AM
From: Wrig	Read Replies (1) \| Respond to of 2005

Just curious, what indicated that institutions might be buying? I didn't watch the trading so I don't know what transpired. I bought April 30 calls today for 5/8. ESV announces earnings on Thurs Apr.16, and options expire on Fri Apr.17. Think the over-100%-increase in earnings will cause the stock to gap up on Friday, or is it one of those times that the news is already built into the price? The price seems so low right now, but I'm actually following quite a few stocks that seem "ridiculously low". I think the big boys must know something I don't. Good luck everyone.