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Technology Stocks : Ultratech Stepper
UTEK 30.230.0%Jun 5 5:00 PM EST

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To: Lars who wrote (1632)10/25/1997 9:19:00 AM
From: Moe  Read Replies (1) of 3696
 
<<i didnt know brinker managed private individual equity accounts?>>

Actually he and his partner do manage individual equity accounts.

As for his recommendation of UTEK on the Nightly Business Report, it was not good timing, in the short term anyway. And, the chart indeed was terrible when I mentioned it. In fact the negative press about the semi equipment sector came out after my observance of the lousy technical pattern. So, I read the chart right. Charts are good predictors in the short term.

I don't subscribe to his newsletter, so I didn't know he recommended it a while back. A price of 22 was a great buy. I am glad I only took a small position at the higher price. I can buy more at a lower price if I choose. As for your talk about fundamentals, that is part of the story. But, there are plenty of companies with good fundamentals, whos stock does not perform well.
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