Justa: This whole UTEK brouhaha has me somewhat befuddled.
That being said, I own not a share of that firm though I hardly
suspect my overall esteem for Brinker the man or Brinker the market
savant would be much tarnished even if I were holding a paper loss
in that one company. It bears no repetition here that Brinker has
made fortunes for many who have followed his extraordinarily ac-
curate and prescient market timing advice over the years with re-
spect to the greater stock and bond markets. Even in the unlikely
event that UTEK fails to live up to its A.D 1999 expectations or,
worse, falls headlong into stock market oblivion, it should con-
stitute a maximum of 4% of the total portfolio pie. In any case,
with apologies to Thomas Paine, who perceived the absurdity of
an island controlling a continent, there is doubtless something simi-
larly absurd in propounding that the shadow of the mere 4% or less
is sufficient to darken or disqualify, in a manner, the other 96%,
bulging with profits, assuming Brinker's sagacious recommendations
have been followed all hallow. In sum, two reasonable hypotheses
drawn from this seemingly bizarre mode of thought, expressed here
and elsewhere, might be framed thusly:
a) the vindictive UTEK complainants have far exceeded Brinker's
twice-told 4% ceiling for selected individual issues and, hence,
have been stung mightily by their own self-inflicted foolishness.
Unable to countenance their own misjudgements, they seek their
pound of flesh from Brinker.
or b) the vindictive UTEK complainants are not UTEK holders at all.
Motivated by some baser instincts, they have seized upon this flimsy,
gossamer issue in order to humiliate or, in some wise, discredit
Brinker.
Doubtless, we shall never truly understand the motivations of a
a Jerry or others closer to home who spend inordinate effort and
take seeming delight in proving that Brinker may not be infallible
with respect to the discretionary 4% of the portfolio pie. How-
ever, certain it is to the multitude of Brinker adherents, these are
but tiny gnats upon the great elephant.
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