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

To: Michael W. Brom who wrote (1756)4/28/1999 10:17:00 PM
From: shust  Read Replies (1) | Respond to of 2005
 
They were going to lose money with the price of oil so low.. ESV was guiding analysts for a worst case scenario. I think this is changing with oil moving up and GOM work looking brighter. I know one person fairly high up in the co. and he expects the stock to be trading no lower than $25 by the end of the year.

I'm hearing more and more reports that the supply of oil was overstated the past couple of years. This and OPEC's cuts could keep prices up at these levels.

shust



To: Michael W. Brom who wrote (1756)4/29/1999 8:59:00 AM
From: Ram Seetharaman  Read Replies (1) | Respond to of 2005
 
Sure, I don't know how I doubled my money on this. I must have bought at the pit bottom! IMHO $ 25 is possible the way it is going!


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