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


To: Harold S. who wrote (624)5/1/1998 4:05:00 PM
From: 007  Respond to of 1305
 
Harold, the CFO mentioned in the conference call that the cash balance was reduced due to share repurchasing (and the purchase of Peterson). I didn't hear anything else about it, but I missed the beginning of the call. FYI, cash is in the $20M range and so is debt.
Have a nice weekend.
007

PS We have developed a nice trend channel.