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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Allan Harris who wrote (6302)6/28/1999 10:26:00 AM
From: Justa Werkenstiff  Read Replies (2) of 15132
 
Alan: Re: "At least two callers were ridiculed for holding AOL while it dropped 50% from it's highs. Fair criticism? I think so."

I think the more interesting issue is whether the internets will achieve new highs along with the overall market. I note the supply of new internet issues going public is heavy.

Re: "But I also think holding UTEK while it dropped 60% from it's highs is subject to the same general critique."

Maybe, but what's the point of this critique as it relates to internet investments?

Re; " The most interesting exchange would have been for one of those callers to ask Bob whether holders of UTEK are also "in denial."

I don't think so. Why? Because Brinker has said many times on the program recently that the stock has been a disappoinment. Some people continue to suggest that he does not take calls on UTEK. Wrong. In fact, he did so this weekend and said the stock has been a diappointment. So he is not in denial on this one.

I often think that internet investors continue bring up UTEK to rub salt in this wound and to deflect attention from the issue. What does UTEK have to do with their internet portfolio anyway? Nada. But internet investors should ask themselves what is the future with the sector if these stocks do not achieve new highs along with the rest of the market. UTEK will not provide them with an answer.
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