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

To: Doug Bean who wrote (1258)	5/5/1999 12:16:00 AM
From: DEER HUNTER	Respond to of 1305

here is the upgrade from earlier today...... Tuesday May 4, 2:27 pm Eastern Time RESEARCH ALERT - UTI Energy Corp started LOS ANGELES, May 4 (Reuters) - Jefferies & Co. Inc. on Tuesday said it began coverage of oil drilling company UTI Energy Corp. with a buy rating due to improving market conditions and consolidation of the U.S. drilling market. -- shares were up 75 cents to $14.88 each in early trade. -- says UTI ''well-positioned to take advantage of improving market conditions.'' -- 12-month stock price target of $19.