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Technology Stocks : Stock Swap

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To: Grashopper who wrote (14885)7/17/1998 1:51:00 PM
From: Andrew Vance  Read Replies (2) of 17305
 
*AV*--I thought I gave it to you already.

BTW-ATMI is starting to perform.

Andrew


To: +Larry Boy (14872 )
From: +Andrew Vance
Friday, Jul 17 1998 11:09AM
Reply # 14879 of 14887

*AV*--I think UTEK got its pop and is settling down ($19+ to $23) while I think there is a pop in TER's future over the next week. I would be looking to take 5-10% off TER and exit for awhile. TER could give you 29-30 but I would be out in the 28.5 to 29.5 range. UTEK got its pop the same day Art Z. was on the Squawk Box. When I saw the pop, I bailed knowing it would settle down as yesterday's news when the next Squawk Box session occurred.<GGG>


My opinion would be to wait for UTEK to settle down around 20-19 before re-engaging. Ithink it will trade the 19.5-23.5 range for awhile.

With today being options day, I would be waiting to catch TER a Little lower. this is a solid long term invesmtent but it may trade a narrow range until the sector turns around. I am trying to pick away at TER when/if it breaks down through 26, into the mid 25s and then play it for the 29-30 range.
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