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


To: Sam2482 who wrote (1773)11/26/1997 9:28:00 PM
From: The Chairman  Respond to of 3696
 
Vicki,

I admit UTEK hasn't moved in an constantly upward motion but I have made a very nice amount of money on it. I always research a company even if Bob recommends it. Bob is dead right on this one IMHO. I am so elated that I have been buying for awhile especially back in the $15 per share range, and most recently around 28. Not to mimic Bob but IMHO UTEK is the "mother of all gift horses at around 24 1/16". That is for those of us whose time horizon isn't this week or month. Adams Harkness has no clue IMHO of UTEK's potential. Why did the wirehouses upgrade UTEK at 19 to 21 after you could purchase at 14 and a fraction? It is interesting to say the least.

Not that you are doing this but I am growing weary of people bashing Bob. He is human and he puts his money where his mouth is and puts it in writing too. All the "scared money" will regret their position in 1998.

And, you are correct that we will look back at this as a buying opportunity.

FWIW,
Katie