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Gold/Mining/Energy : Anyone following UTI Energy Corp.?
UTI 24.02+4.5%12:56 PM EST

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To: William Nelson who wrote (843)6/25/1998 10:04:00 PM
From: Captain James T. Kirk  Read Replies (4) of 1305
 
I have spent the better half of the last 3 hours reading various news sources on the net in regards to the Oil sector and UTI. It is of my strong opinion, and maybe one of the first times I agree with the an analyst, that this shall be the final Q for depressed oil prices. UTI has increased it market exposure and rig count/output twice during the last 6 months, while the getting is cheap. from a value level, as a UTI shareholder, I see that UTI has made the decision to acquire established, fundamental strong companies. Therefore the negativity of acquisition does not and should not effect our share value. In turn, these acquistions, and the value of UTI will increase exponentially as the oil sector increases. Revenues should and will see strong increases also, as the sector contract pricing increase take affect. We have a win win situation, and with that I agree Mr. Analyst, we are staging for the ultimate recovery.
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