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Gold/Mining/Energy : Anyone following UTI Energy Corp.?
UTI 22.65-3.5%Nov 21 9:30 AM EST
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To: PartyTime who wrote (520)4/27/1998 1:11:00 AM
From: Bert Klimer  Read Replies (1) of 1305
 
My own personal view is that the internet stocks are way overvalued. One day people are going to realize that their investment has been hyped too much when these companies continue to report negative earnings, or are trading at 600 times their P/E. The best play for us is to hope the big fund managers sell their internet and put it into a more practical investment like UTI. I think then we will see good gains compiled on top one another.

Bert
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