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


To: PartyTime who wrote (520)4/27/1998 1:11:00 AM
From: Bert Klimer  Read Replies (1) | Respond to of 1305
 
My own personal view is that the internet stocks are way overvalued. One day people are going to realize that their investment has been hyped too much when these companies continue to report negative earnings, or are trading at 600 times their P/E. The best play for us is to hope the big fund managers sell their internet and put it into a more practical investment like UTI. I think then we will see good gains compiled on top one another.

Bert



To: PartyTime who wrote (520)4/28/1998 9:46:00 AM
From: Captain James T. Kirk  Read Replies (2) | Respond to of 1305
 
Oh boy !! Information received that UTI has a big announcement due at the earnings !! Could this be a merger ? Could it be another aquisition ? I also hear that they are very confident with the numbers and one investor has already received a letter from his broker to load the boat, because the broker is rating it a strong buy !! If anyone hear uses a full commish broker, post your advisement letters here !! Information states that earnings to be announced thursday, after the bell !!