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


To: Carlson who wrote (1347)6/25/1998 6:58:00 PM
From: Gottfried  Read Replies (1) | Respond to of 2005
 
Carlson, thanks for sharing the info. June quarter estimates are
still $0.57 and Sept is $0.55 on Yahoo [Zacks].

GM



To: Carlson who wrote (1347)6/26/1998 9:44:00 AM
From: RB Smith  Read Replies (1) | Respond to of 2005
 
>>>>I have hedged my position by writing in the money covered calls and selling out of the money naked calls, since I don't expect much upward movement in the near term.<<<<

Carlson:

If it is not too intrusive on your investment strategy . . . could you elaborate on your option activity to hedge your position (i.e. how far out are you writing calls) Thanks

RB Smith



To: Carlson who wrote (1347)6/27/1998 11:40:00 AM
From: Robert T. Quasius  Read Replies (1) | Respond to of 2005
 
New analyst estimate. Throughout the sector, analysts are downgrading earnings expectations. Ensco is dirt cheap, even at $1.95 in FY98 earnings!

ESV: JOHNSON RICE decreased estimate for fiscal year ending
12/98 from $2.21 to $1.95 on 06/26/98