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


To: Gottfried who wrote (1553)11/25/1998 10:43:00 AM
From: Jamey  Read Replies (2) | Respond to of 2005
 
Gottfried, a clip from an article I found about ESV.

<< Strong's Baskir thinks consolidation will intensify in the smaller oil service sector if oil prices remain depressed. Such consolidation is already under way. The money manager says Ensco International (ESV) would be a natural fit for the larger RB Falcon Corp. (FLC).

- Racanelli concludes that weak oil prices are likely to keep a lid on most energy stocks, but as consolidation continues and takeover speculation intensifies, the depressed sector could find itself in the limelight over the coming year.>>

Santiago