donss: You asked, "Are you "Gerry" who called Money Talk about a month ago? Would you tell us if you were?"
The answer is no, I am not Gerry (I would have spelled it J-E-R-R-Y). And as much as I enjoyed listening to the call and applaud his efforts to get the truth out about Brinker's UTEK recommendation, I would have preferred that his recollection of the precise dates and prices Brinker recommended UTEK would have been more accurate.
To the best of my recollection, Gerry based his argument on the assumption that Brinker had recommended UTEK at $24-$25 in October, 1997. This of course is incorrect. As evidenced by most post "UTEK is a teenager" (see post #3740, siliconinvestor.com, I have my facts straight, and would like to think that I would not make such an error when critiquing someone's recommendations.
To summarize, Bob originally recommended UTEK on NBR on May 31, 1996, at $25. Then Bob made the recommendation in his July, 1997, newsletter at under $24. He followed that recommendation up with another buy under $30 in both his October, 1997, newsletter and on an Oct. 17, 1997 appearance on NBR.
As you can see, donss, if I was Gerry, I would not be mistaking my dates and prices. I am very careful not to critique someone with inaccurate information. I am confident that the truth will always prevail.
Bob, of course, did not see the need to correct Gerry about his facts. In fact, he used Gerry's mistaken assumption to squirm out of the call by acting dumbfounded that Gerry was upset over UTEK supposedly being just 2 points below his recommendation a mere 6 months ago. If I was Gerry I would have slammed home the FACTS that 1)actually UTEK was 7 points below his October recommendation to buy under $30, 2) UTEK was down 1 point from the July recommendation in the same time frame that the stock market has been categorized as the "Energizer Bunny" by Brinker himself, 3)UTEK was 2 points below his original recommendation in May of 1996, a time frame where the S & P 500 has nearly doubled when you include dividends, and 4)that even after the Asian crisis Brinker assured his subscribers in his November issue that:
"We do not view the current problems in Southeast Asia as a major problem for Ultratech Stepper"....."In the interim, we suggest that subscribers use any short-term weakness in the mid-to-high twenties to scoop up bargain priced shares while the opportunity exists."
Well, you know what happened after that timely remark. UTEK went as low as $18 1/2 in less than a month.
BTW, did anybody notice that a caller after Gerry's call confronted Brinker with the fact that Brinker actually had recommended UTEK 2 years ago and therefore, Gerry was not just in it for the "instant overnight gratification"? Brinker didn't respond.
So, donss, I hope this assures you that I was not Gerry. If it doesn't then there is always Justa Werkenstiff's theory that I am a disgruntled Beardstown Lady. And you know how credible his posts are. <g> I can't possibly be Gerry and a disgruntled Beardstown Lady simultaneously, can I? <g>
Best Regards.
Rillinois |
