Ultratech Stepper Message Board

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Technology Stocks : Ultratech Stepper

UTEK 30.23

0.0%

Jun 5 5:00 PM EST

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To: Justa Werkenstiff who wrote (2826)	10/29/1998 9:11:00 AM
From: Kirk ©	Read Replies (1) of 3696

I think the Brinker Effect held the stock at $20 until DJIA 8650 was breached, then the shorts made a bundle as it went pretty low before recovering to present levels. quote.yahoo.com You have to admitt that both of us found more value in other stocks in this sector and made purchases there rather than add to our long UTEK positions. I wish I was short at $24 and covering at $12.75 rather than being long at $28 and $24 and buying more as it fell to $18.75 adding to the Brinker Effect. Possibly, what I have learned on this stock has allowed me to be more patient with LRCX and make more money there (buying at a better valuation) then I might have otherwise? I'm still positive for this company long term, but I will give the shorts in the $20's their due. They were right and we were dead wrong. More on UTEK: suite101.com regards Kirk out

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