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Gold/Mining/Energy : Anyone following UTI Energy Corp.? -- Ignore unavailable to you. Want to Upgrade?

To: Doug Bean who wrote (1279)	6/10/1999 10:42:00 AM
From: Minos	Read Replies (1) \| Respond to of 1305

I think the oil service stocks are moving based on strong GDP numbers from Japan, indicating real recovery in Asia, which means more demand for oil and gas. We are now bumping up against 52 week high. The question is...will we move through it or bounce off it. We haven't been able to get through it in the recent past. Nice to see someone post here. Best, Minos

To: Doug Bean who wrote (1279)	6/10/1999 5:25:00 PM
From: RBlatch	Read Replies (2) \| Respond to of 1305

UTI is just continuing its upward bias, which it should have for another eighteen months at least. Japan news is good. NG price news is good. Crude price is good. Rig count news is good. API numbers news will be good shortly. As to be bumping against the 52 week high, that number is coming back at us so fast because of the steep decline last year (years), that we will probably blow through it over the weekend when the market is closed! <ggg> Time to relax a little and enjoy!! Cordially, RBlatch