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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: marc ultra who wrote (2041)11/8/1998 8:40:00 AM
From: Justa Werkenstiff  Read Replies (1) of 15132
 
Marc and all: ** A Tax Loss Trade for UTEKians **

I like the idea of selling UTEK and buying PLAB for the wash sale period and then going back to UTEK or staying with PLAB. PLAB is a mask maker which should at least double from its current price of $18 and change during the cycle. There is some crossover between the two as PLAB has purchased an Ultrabeam from UTEK and is looking to put it into production. PLAB just preannounced and went from $22 to $18 and change currently. So it has limited downside with the potential for a positive cc outlook coming later this month. PLAB is now at a price where it traded before this correction when hit with any bad news. It is priced at around what UTEK sells for so it is as close to a crossover as anyone is going to get. Food for thought.
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