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Technology Stocks : Ultratech Stepper -- Ignore unavailable to you. Want to Upgrade?

To: Ian@SI who wrote (1568)	10/21/1997 12:58:00 PM
From: Joe Dancy	Read Replies (1) \| Respond to of 3696

Ian - a wise investment strategy. With your knowledge of technology and the market you will do much better than any mutual fund, and will control the tax implications of the buying and selling decisions instead of delegating them to a mutual fund cowboy that turns the fund over every 13 months on average. The new tax cut for capital gains will also reward growing companies like UTEK. I too swore off mutual funds, and made a decision to have a very focused portfolio on undervalued companies that I've done a lot of research on and feel comfortable with - and if you do your homework, and have a reasonable investment strategy, you can do much better than managed money or any index fund. UTEK is part of my "team" - in fact it has the highest projected earnings growth rate of any stock I own, and I have some I like a lot. Of course, you can't always trust those earnings projections -g-, but if they turn out to grow only half as fast as projected here we still will do well. Best - Joe