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: Justa Werkenstiff who wrote (2276)	3/26/1998 3:38:00 PM
From: Kirk ©	Read Replies (2) of 3696

Your risk at this level is not so much price as it is time IMHO. Yeah, I agree. I think, mostly on a gut basis, that you try to pick a price point that just scrapes the bottom and try to accumulate there. I actually put in a limit order yesterday for $20.125 and got pretty close to filling my order (low was $20.50) and doubling up my shares today before it surged. I think this says $20 is close to that bottom price point. Still, I am learning and experimenting a bit, but trying to buy on a bottom is really tough. My basis is something like $26... I don't normally do TA, but it seems that for this it is helpful. Hopefully, I didn't miss getting more shares, but something tells me that this will go on for some time. I just worry when it looks like it can't get any worse and I don't have all the shares I want, then the stock will go up. regards Kirk

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