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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host
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To: Carl Mays who wrote (6031)7/16/1998 11:26:00 PM
From: Kirk ©   of 42834
 
Hi Carl. I always enjoy your posts, especially about semiconductor capital equipment in the other threads.

Bob addressed his involvement with UTEK 401K plan on the show last year (I think it was 1997 or early 1998). I think he said he's been with them since 1994 but didn't issue a buy until much later. I believe he is making his recommendation on the basis of a strong management team with good technology and he got the knowledge of the management from his association with them. Now that it has been disclosed, I find it acceptable, but I sure wish he had stated his association when he made the original recommendation.

Side Point. Cramer of Steet.com blasted CNBC just after Art Z. was on this AM for having so many guests with short positions on the YEN and then telling all on CNBC that the YEN was going down without disclosing that they were short the YEN. The CNBC hosts pretty much pooh-poohed the suggestion saying viewers were adults and should expect guests to have financial stakes in the positions they are advocating.

All said, I still would have liked it if Bob disclosed his involvement with UTEK, but that might have enticed some to buy more than they should since they might, wrongly, think that Bob had some sort of inside information. Considering Bob might mention Intel on the Air and someone will call in the next week saying how they took his advice to sell/buy it depending on how they interpret his slant at the time.

best regards
Kirk out
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