Ultratech Stepper Message Board

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Technology Stocks : Ultratech Stepper

UTEK 30.23

0.0%

Jun 5 5:00 PM EST

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To: Lars who wrote (750)	5/12/1997 10:38:00 AM
From: Greg Butcher	of 3696

Lars... Yes I did investigate..called IR read and looked at balance sheet, at this time all was looking great, but at the same time the NASDQ was about to have it's little correction....I hung in there till it hit 20, I had to save my capital (what was left)..I sold at 20 and that very day I sold it was upgraded so the next morning I bought 5000 shares and made up 1/2 my loss the next day.. and bought it at 22 and sold at 25 two more times..then the bottom fell out, and down we went.....to 17 I now own it at 23 3/8...21 5/8...20 1/4....I missed anything below that....I now am a true believer in an 8% stop loss..which I will do every time for now on. Yes..I have paid my dues with this stock. With the additional education you and Andrew and others have posted on the board I still feel good about the stock. Now you know why I sound so stressed out on this board some times. Greg

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