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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Diamond Jim who wrote (5906)7/13/1998 4:07:00 PM
From: Justa Werkenstiff  Read Replies (3) of 42834
 
Jim: Brinker never recommended AMAT for purchase on July 5, 1998 or any other date. On July 5th, 1998, he was positive on the fundamentals going forward. If one wanted to purchase AMAT, he thought dollar cost averaging was a good idea. He agreed with Lehman that it was undervalued. He stated that he himself was viewing the situation from the bleachers and was waiting for a turnaround in fundamentals in the sector. So if you think he was recommending that you go out and purchase AMAT between the lines (wink, wink) or whatever even though he stated that he had no position in the stock personally and he never said that he was recommending purchase of the stock, you have some real issues to work through.

And I would argue the same for Pfizer as well even though it has been a winner. Brinker never said to go out and buy it and, in fact, he recommended against it saying it was a trading position for him and that it was very expensive. If you did buy Pfizer and made money, you deserve all the credit. Brinker never recommended the stock.

Love those personal attacks. Keep them coming. They show everyone your true colors.
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