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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Harold S. who wrote (61305)	3/2/2000 3:36:00 PM
From: Think4Yourself	Read Replies (1) \| Respond to of 95453

UPR is up 7.74% on well over twice average volume already, and it's almost all institutional. What more do you need to know???

To: Harold S. who wrote (61305)	3/2/2000 3:40:00 PM
From: ItsAllCyclical	Read Replies (2) \| Respond to of 95453

UPR - Another way to look at debt is too look at the market cap. UPR will trade back to 15-18 imho. Look what the market cap will be at those levels. If UPR really felt burdened by their debt they could always do a secondary...at higher levels. However, given their cash flow, gas prices and oil prices they'll have no problems and no need for a secondary. When the sector was turning down I was somewhat concerned about owning debt heavy E&P's. Now with rotation here and more to come it's really less of an issue imho. Also remember it's far easier for a 3 billion dollar company like UPR to manage it's debt vs something under 500 or even 50 mil in market cap. The bigger the company, the less debt concerns me.