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

To: Kevin G. O'Neill who wrote (1571)	12/2/1998 3:27:00 PM
From: Tomato	Read Replies (1) \| Respond to of 2005

Bottom fishing is dangerous, they say. Why not buy when the stock breaks a 50 day or 100 day or whatever moving average going up? That way you're buying in an uptrend, and the trend is your friend.

To: Kevin G. O'Neill who wrote (1571)	12/2/1998 4:41:00 PM
From: Michael W. Brom	Read Replies (1) \| Respond to of 2005

Kevin, I don't know how low it will go, but now would be a good time for ESV to start its stock buyback program. That would be a good sign. I'm in with 200 shares at 9 7/8, but I plan on adding more once my uncle gives me a call. He's an oil engineer consultant and likes ESV quite a bit. He's been buying on the way down. I don't see ESV going below $7.50. I expect OPEC to cut supplies at its February meeting. Plus, with that being close to the end of winter, demand will be catching up to supplies. Your thoughts? Michael