Ultratech Stepper Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Ultratech Stepper

UTEK 30.23

0.0%

Jun 5 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: ccryder who wrote (598)	4/30/1997 12:12:00 AM
From: Andrew Vance	of 3696

I also beleive that UTEK is not being regarded as a good long term investment by certain individuals. I picked up some NOV17.5 options for $4 today. This is leading me to believe the options traders have little faith we will see 21.5 by Novemeber. In my limited capacity, 21.5 is break even for this option and everything over that is gravy. Personally, I think 23-26 may be a no brainer, but what do I know. To make matters even worse, the JUN17.5s are trading at 2.125 which indicates very little confidence of going above 19 5/8 by the end of June. The May17.5s are at 1 3/8 giving little confidence of 19 1/8 by the end of May. Both seem ridiculous to me. But again, what do I know except that I am picking away at these options with a degree of confidence. I also find it interesting that with this type of gloom and doom on the call side, there is virtually no activity or real interest on the put side. Unless I am mistaken, UTEK seems to be completely misunderstood with no one really taking a stand. I love it!!!! Andrew(#600)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next