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


To: Gottfried who wrote (1514)10/12/1998 3:17:00 PM
From: MARK C.  Read Replies (1) | Respond to of 2005
 
Play the game, The oil sector will recover and you can bet that the brokerage firms are the ones loading up on these discounted drillers and service co's. Now that they have millions of cheap shares they have lowered earnings estimates so low that we will see the entire sector beating earnings estimates for many quarters to come and with that a mass of buying and rapid appreciation in share prices. It may not happen in the next quarter but it is going to happen.