Formerly About Applied Materials Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Applied Materials

AMAT 223.95

+1.7%

Nov 21 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: FJB who wrote (18312)	3/30/1998 7:53:00 PM
From: David Aegis	Read Replies (2) of 70976

There was no Ultratech warning. Dow Jones pulled excerpts of cautionary statements from the previous quarter's EPS press release and from the "Risk Factors" section UTEK's newly-released 10-K to do a hatchet job on UTEK. There is a huge short position in UTEK. One of the shorts is rumored to be Jeff "Pump and Dump" Vinik, formerly of the Magellan Fund. (I thought Pumpty Dumpty should have gone to jail for the number he did on Micron Technology back in '96, instead he spun himself off into a fat paycheck, $1 billion hedge fund gig--where's the justice?) I would not put it past one of the UTEK shorts to have fed the 10-K information to a friendly reporter at Dow Jones. --David

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next