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

To: soar who wrote (1475)	9/12/1998 1:51:00 PM
From: Gottfried	Read Replies (1) \| Respond to of 2005

soar, mental stops would be good. I don't like stop-loss orders, because the MMs see you coming. When I DID use them last December (on another stock), my stock managed to get sold at the low of the day, with 3 trading minutes to go. While analysts' estimates are unreliable and can be changed, it worries me that ESV earnings are projected to fall severely for '99. How do you value a stock with falling earnings? $1.80 and $1,67 are the present consensus estimates for FY98 and FY99, respectively. I hope the '99 estimate will be revised upward when crude price rises. quote.yahoo.com Put yourself in the shoes of a NEW investor who considers ESV for the first time and sees these numbers. Good investing! GM