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

To: shust who wrote (1492)	9/19/1998 12:41:00 PM
From: sammaster	Read Replies (1) \| Respond to of 2005

esv is a graet buy at this point for the long haul but will it go lower? price to book sunk to .86 in 1991 p/book now is 1.54 price/sales was .69 in 1991 p/s is now 2.02 still have ways to go down on the price/book.....although we may not hit record low we are still way above it right now p/s # is scary because esv sales is going to drop rapidly so price is going to have to drop even more rapidly since p/s of 2 right now is way over the p/s of .69 during last downturn... yes esv is very undervalued and a good buy for the long haul now but i believe it will go lower based on the above.... any comments? samir