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

To: William Nelson who wrote (859)	7/1/1998 7:17:00 AM
From: ENOTS	Read Replies (1) \| Respond to of 1305

UTI since early may, would have been a good short play! What do you think, support at 12.75? or do we break that and go even lower.... there is a LOT of nat gas in the bank! What is the outlook? Gas in the ground is money in the bank, but, and the but is large...you have to sell it,what will increase the consumption more than already is being used, and the price increase is seasonal and probably discounted by the mkt, ie the steady slide in the stock.....chart looks like it could base here...I do not see much bounce here,... maybe a little.... there are lots of good buys out there and a lot of traps. I see it up a little today, dead cat bounce!Big block traded at the close....near 38K......on down tick......interesting!