Anyone following UTI Energy Corp.? Message Board

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Gold/Mining/Energy : Anyone following UTI Energy Corp.?

UTI 28.93

+2.0%

Nov 18 3:59 PM EST

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To: Captain James T. Kirk who wrote (618)	5/1/1998 12:21:00 PM
From: The Ox	Read Replies (1) of 1305

It's not always what you post, buy how the reader interprets the information s/he's reading. I for one think that the bullish stance by many on this thread borders on excess. I own UTI and think we have a great company which should reward those who hold the stock but I'm not pounding the table to get others to recognize my vision. UTI will sink very fast if the price of oil drops below it's current level. This is a risky stock, plain and simple. I believe the worst is over for crude prices and that is one of the reasons I continue to own UTI. But there is NO GUARENTEE that crude will rise from here, just as there are serious questions as to OPEC following through on their commitments to reduce production. I personally think that those in OPEC would be shooting themselves in the feet if they fail to reduce output, but we all know that each country has a different agenda. Thanks to all on this thread for their insights and news related material. Michael

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