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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Kirk © who wrote (10547)10/22/2000 8:05:45 PM
From: Mark Ableson  Read Replies (1) of 42834
 
Kirk,

Very interesting comments. But, Brinker did move UTEK, beyond $30 a share in October 1997. I understood, subsequently, at that time -from a QUITE EXCELLENT source that Brinker 1) recently owned or still owned approximately 500,000 shares of UTEK and that 2) Brinker was involved in the management of the UTEK 401k plan.

Don't get me wrong: I greatly admire and respect Bob Brinker. IMO, he is #1 market timer and #1 in many other areas non-financial. But, when I learned the above, I did cancel my subscription to MarketTimer because I was quite upset that he did not disclose this fiduciary relationship in his newsletter nor on the air. How many subscribers were in fact buying utek shares based on the newsletter and I get this feeling if BB was selling during this time??? In fact, in November of that year, a caller did ask him the above and Bob simply did/not would/not answer the question. In fact, he was silent (probably in state of shock) before he even replied.

If anyone else can shed some FACTS, please do so.

Regards and good luck to all.
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