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: Jerome who wrote (1004)	7/21/1997 1:28:00 AM
From: sergio	of 3696

Jerome, I am not answering for Andrew, but I believed several times he mentioned and targeted $27 to off-load some of his positions on UTEK. Am too following his lead and wrote off covered calls instead of liquidating my position. For example about week and a half ago when UTEK was trying for a breakout of off 25 I sold July 25 calls for 1.5 (it close at 26 that day), I could have waited for a day or two and sold it for 2 3/8 (at its high) but I will collect a half a point premium anytime if there's only a week to go <g>. Now my target is writing the Aug 30's, I didn't get a fill for a 15/16 order last week but hopefully this week. Sergio

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