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: Investor2 who wrote (1727)	11/14/1997 8:52:00 AM
From: Boca_PETE	Read Replies (2) of 3696

I2: If if works, it sounds like a great idea to me :-). However, I still need to accumulate some more shares of UTEK at these bargain prices on tests of recent lows. So I intend to be real quiet in hopes that UTEK will again test that 24-25 area. Moreover, I believe the theory violates one of the basic fallacies of thinking described in my old college text book on Logic (by Thouless). That fallacy is called "Post hoc, ergo hocter proc" ("After it, because of it") - it is illogical to conclude something happenned because of the event which occurs just afterward. The business news media violates it every day when they dream up reasons why the market went up or down for the day or hour or minute. P

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