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

To: R.B.Williams who wrote (1400)	7/28/1998 9:29:00 PM
From: Don Parker	Read Replies (1) \| Respond to of 2005

I don't know where the bottom is but it is still a world class company and the March '99 strike of $17.50 is selling for 1 7/8 [call option]. That has to be a good buy if you want some leverage and believe that the winter will bring on higher prices. Selling now at roughly 10 times forward earnings after the downgrade at $1.57. The premium puts it at a very good value at this price. The old adage.... buy at the darkest hour....question is... is this the darkest hour... I think so.