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

To: SJS who wrote (31214)	10/28/1998 10:34:00 AM
From: R. Murphey	Respond to of 95453

To interested investors: UTI Energy earnings, in line with estimates. The numbers are out and in line with First Call estimates. Looks like they are almost flat for 9 month yr-yr comparison (fully diluted) if the previously announced one time "Other charge" is removed. The other killer was the leap in the provision for bad debts. So, if those two items were managed, they would have beat estimates. Otherwise, looks real strong to me, in light of a down sector and low rig utilization. Text and tables: businesswire.com