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

To: SJS who wrote (16880)	3/27/1998 2:02:00 PM
From: Harold S.	Read Replies (1) \| Respond to of 95453

Any thoughts on whether the OSX will run in the final 1 hour or so today in anticipation of Monday's events??

To: SJS who wrote (16880)	3/27/1998 2:28:00 PM
From: Broken_Clock	Respond to of 95453

Steve UTI is a little hard to examine. It works OK and Texas and I wonder how quickly those land rigs will come back... If oil stays down, the profit margins for domestic production are thinner than foreign(labor). I have seen reports that the domestic E 7 Ps are trying to get Congress to offer subsidies for domestic land wells. That doesn't sound good. Does $15 oil justify land drilling? that's the big question for the dry land guys? I don't know if NG demand can replace the oil void for the landies. 48 seems extreme for UTI. OTH, Morgan Stanley will probably pump the stock on Wall St. week tonight...heh, heh. UTI was like cdg. They were mo mo stocks in the rise and decline last year. Yahoo has 1.29 for UTI earnings this year. I don't see how they can make with the current stacking situation.