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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: marc ultra who wrote (6791)7/15/1999 11:58:00 AM
From: Boca_PETE  Read Replies (2) of 15132
 
marc U: RE: <UTEK BUYING>

It probably is that caller to last weekend's Moneytalk program who asked the follow-up question about why UTEK had not risen in price in the face of recent positive new releases about new contracts etc. The caller had started buying UTEK at $32/share.

In response, Brinker got VERY defensive apparently assuming (mistakenly in my opinion)that caller was a disgruntled "Jerry-like" attacker and advised him he shouldn't be in the market at all if he expects all his individual stock investments to go up. He used as an example of patience the current holders of Apple Computer stock who have held for 10 years and are now just breaking even. He also mentioned those patient holders of STII that are now being rewarded in the Newbridge Network takeover (a good example in my opinion). As to the false assumption and Apple example, what a BIZARRE response !

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