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


To: Investor2 who wrote (2398)12/14/1997 12:43:00 AM
From: Steve Misic  Respond to of 42834
 
I2,

Bob originally liked the stock at $32.00 per share in late 1995. I read the buy recommendation in an issue of his newsletter. I bought ONTK which was also in that letter, and when UTEK fell to around $14.00, I bought UTEK also. I have traded UTEK 2 times, selling at around $30.00. I will buy again between now and the end of the year.
As to ONTK which was bought out by Lam Research, I sold when Bob put a sell on the stock. I bought that stock at $24.00 and $15.00, and sold at $30.00 also. It went to $55.00 right after I let it go. UTEK may repeat the pattern I have followed, but it may end up following ONTK, so this time I will only sell half at $30.00.

Good luck,

Steve