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To: The Ox who wrote (43355)4/27/1999 2:04:00 PM
From: DEER HUNTER  Read Replies (1) | Respond to of 95453
 
per CNBC..kuwait reports now in compliance with production cuts.
dh



To: The Ox who wrote (43355)4/27/1999 2:06:00 PM
From: tdl4138  Read Replies (1) | Respond to of 95453
 
Michael,

Have you noticed the nice arbitrage between NORT and UTI..

Both boards have already approved the deal and only Nort shareholders need to vote...don't think it will be a problem...With NORT @ 2 1/4 and UTI @ 10...buying NORT @ 2.25 X 3.8 gives you a purchase price of UTI of roughly 8 1/2...or a 15% discount.

Any thoughts?
Dave