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

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To: stock bull who wrote (973)7/22/1997 7:46:00 PM
From: mister topes   of 42834
 
You sounded uninformed in your post on OnTrak. Brinker was very
specific about his position on the company. After the takeover
by Lam Research he announced he would not be following Lam
therefore since OnTrak's price was tied to Lam's price
OnTrak would be sold. Some people bought OnTrak in the teens
and made huge gains into the high twenties. Others bought in
the twenties and made various profits depending on the price.
The most recent purchase recommendation in OnTrak was at $22
several months ago. OnTrak ceased trading as an independent stock
when the takeover was announced. OnTrak now trades at about 80% to
83% of Lam's price. In early August the shares will no longer trade.
If you own OnTrak now you own Lam Research which takes over soon.
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