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

To: The Ox who wrote (625)	5/1/1998 3:46:00 PM
From: Harold S.	Respond to of 1305

AMEN!!!

To: The Ox who wrote (625)	5/1/1998 4:18:00 PM
From: 007	Read Replies (1) \| Respond to of 1305

Michael, I agree as well. I can't imagine a scenario in which UTI doesn't rise with oil. Oil price increases would be a dream come true for us. True, it is inflationary and would tend to hurt the market. This stock could be jolted like any other if the market has a convulsion, but no doubt we would emerge smiling. This sector is actually an inflationary hedge because oil prices tend to rise in inflationary periods. We must be a lot closer to the end of the bull market than the beginning, so UTI (and other oil service stocks) make sense in light of the greater business cycle. 007