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Gold/Mining/Energy : Anyone following UTI Energy Corp.?
UTI 22.92+5.3%Nov 25 3:59 PM EST

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To: Nazbuster who wrote (485)4/14/1998 7:23:00 PM
From: Harold S.  Read Replies (1) of 1305
 
Thanks,
I downloaded acroreader. Nice report from Lehman. According to what I am reading the estimates for this quarter have been lowered to .20 cents from .24 cents. But, estimates for 1998 and 1999 remain the same with upside potential and the potential for future aquisitions. they maintain their buy reccomendation and a price target of 30 dollars per share. Forward PE based on 1999 estimates is currently 8.4!!! This is a no brainer in my book.
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