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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: isopatch who wrote (8779)	3/4/2002 9:25:31 PM
From: isopatch	Respond to of 36161

Correction. Line 4 <Don't follow anything BUT my own work>/eom

To: isopatch who wrote (8779)	3/5/2002 10:07:16 AM
From: Paul Shread	Read Replies (3) \| Respond to of 36161

Iso, Couldn't get any takers on SA II, so I'll post it here: UCU, a boring utility, is 40% cheaper than the average utility stock anyway you slice it: PE, cash flow, book, sales (really cheap there). This sucker would need to gain 60%+ to reach the same valuation as other utilities. Not saying it will - it has always been cheaper than the average utility stock - but it sure caught my eye when it showed up on a value scan as being 30%+ oversold, an unusual level for a utility to be trading at. A positive stochastics divergence in the daily on a triple bottom, too: cache.wsrn.com If the Utes go up, which it looks to me like they might, UCU should outperform. Thoughts, anyone? Paul