Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Nazbuster who wrote (510)	4/22/1998 11:42:00 AM
From: JakeStraw	Read Replies (2) \| Respond to of 1305

************OFF TOPIC************ If the Home Depot in my area (Connecticut) is any indicator I would say the stock is a buy. The place is ALWAYS busy. I've been there early on Sunday mornings and the parking lot is almost full! With the prices of homes on the rise people seem to be fixing up & tinkering around. As for Lucent, I know what you mean. I had the opportunity to buy (pre-split) in the $60's. Da-Oh!! Now I keep waiting for in to go down some. Not sure that is ever going to happen. I like stocks like CPRD, CELL, PCMS, MAVK, VARL & EUSA based solely on their fundamentals & prospects.

To: Nazbuster who wrote (510)	4/22/1998 1:40:00 PM
From: Captain James T. Kirk	Respond to of 1305

IMO UTI is slowly raising its base level, each day nearing the 100 & 200 moving day average, while raising the 50 day higher. Breakout ? No, I see a slow progression upward, nothing to take action on if you are long and do not wish to trade on a daily basis. Now as far as these big name companies are concerned. You can not bottom fish here, IMO. Meaning, with price levels so high, where is bottom ? (example ASND 80-23-42 currently: 23 was bottom, but 42 bottom? maybe, but very easily will tank with a bad market day). UTI on the other hand at 12 1/2, it was going nowhere regardless of the overall market. You must buy these big boys on bad news, like INTC, and hold them long, very long, for eventual climbs. they are easy stocks to play, but excellent entry points come with Bad news and Market corrections.