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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: Carmine Cammarosano who wrote (2395)12/13/1997 10:27:00 PM
From: mister topes  Read Replies (1) | Respond to of 42834
 
You are absolutely correct Carmine. Brinker should be totally
perfect in everything he predicts. He should gaze into his
perfect crystal ball and tell us everything that is going to
happen before it happens. He should have told us we are in the
greatest bull market of all time. He should have identified
the major buying opportunities in 1991, 1994, July 1996 and
April 1997. He should have told us to buy Microsoft at $8 per
share and Vodafone at $17 per share. He should of told us
bond yields would plummet to below six percent. He should of told
us 21 times earnings for the S & P is about all the firepower
that exists in this bull. And he should have told us to sell all of
our New Asia fund in July. Gosh sakes, come to think of it, HE DID!!!



To: Carmine Cammarosano who wrote (2395)12/14/1997 12:13:00 AM
From: Investor2  Read Replies (1) | Respond to of 42834
 
RE: "Why does Bob B. like UTEK?..."

I believe that Bob (and I) likes the potential of several new products which are currently in the "pipeline" but which haven't yet contributed to sales/profits. You can get more information on the products by reviewing historical posts on the UTEK thread:

Subject 3106

You will probably have to go back in the thread about a month or so to get to factual discussions of the UTEK technologies, since many of the recent posts are manifestations of panic.

As far as the price at which Bob recommended UTEK, I believe he first recommended it at about $14 per share. As the stock price increased, so did his recommended purchase price limit. I first investigated and purchased UTEK (based in part on his previous recommendation) several months ago at a price of $22. Since that time, I've seen it go down to $17, up to $34, and back down to $18. Semiconductor equipment stocks are obviously very volatile, so if that makes you uncomfortable, maybe you shouldn't hold them.

In my opinion, the recent selling has been overdone and the price will be significantly higher in a year or two. But who knows, maybe the U.S. economy will catch the Asian Flu and move into a depression. In this case, UTEK and any other stock could go much lower.

Best wishes,

I2



To: Carmine Cammarosano who wrote (2395)12/15/1997 2:03:00 AM
From: Capitalizer  Read Replies (1) | Respond to of 42834
 
Bob's great and I've listened to him for years, but I also believe there are better companies out there than UTEK in this sector for the same reasons that you sighted. I think both in fundamentals and price.