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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Harold S. who wrote (30592)	10/10/1998 2:24:00 PM
From: articwarrior	Respond to of 95453

Harold: A flight from UTI is not a wise move at this time in my opinion unless you want to take a tax loss and jump right back in. At least make it something equal not less. If you have not received a call yet I would wait until the bounce on Monday. Another way to look at this is consider a loan at between 6 - 8 % per year and within 1 - 2 years a fifty to 100 percent gain on your investment. 50 - 16 = 34% minimum profit. Do you really think oil prices will not rise? Do you believe UTI will be this low again? If so get out now, write off your loss and take up gardening.