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

To: The Ox who wrote (674)	5/11/1998 3:41:00 PM
From: 007	Respond to of 1305

Thanks for sharing your view. It wouldn't bother me if you thought it were heading to 12 and shorted it. FWIW, I'd be looking to get in around 18 1/2-3/4. Last time she was above 20, oil was more expensive but eps was lower. That's why I like it now. There's also not much downside in this situation when the market knows the bottom on oil. UTI is doing fine business-wise w/50% growth now and it's likely to get better whenever oil does rise. Good luck with your trade, 007