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

To: max power who wrote (559)	4/29/1998 2:13:00 PM
From: Harold S.	Read Replies (1) \| Respond to of 1305

Not me, UTI is far from a technology stock which, I agree, is often sold off right after earnings. If you take a look at the 200 day, 100 day, and 50 day moving average you will see the 50 day just above 17, the 100 day at 19 <which is why we are having a tough time getting through that>, and the 200 day right about 20. If this stock can surge up through that 200 day average with earnings all the 100 day and 200 day will turn up and computers across the country will be flashing BUY!! I will take the risk that eanrings are all that is expected and we go back to what?? 15?? That is a risk I can take and would use it to buy more. But I have a feeling we will be alright!