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

To: Investor2 who wrote (1958)	12/29/1997 2:35:00 PM
From: Boca_PETE	Read Replies (1) \| Respond to of 3696

I2: <re: My, aren't we getting optimistic!!! > The word "Suppose " suggests a hypothetical situation as does the given $35 target price in my question - it does not suggest I believe such a squeeze will occur. The question is one of strategy IN THE EVENT there were a short squeeze on UTEK shares. I too have never experienced owning a stock the experienced a short squeeze. That's why I'm seeking to crystalize a strategy in the event one occurs, given the high percentage of shorts reported for UTEK at Dec 15. Based on your response, it sounds like you'd sell your UTEK shares once the price exceeded your view of fair valuation ($40) on a fundamental basis. Thus, it sounds like you'd have no interest in attempting to capture profits in excess of fair value. Am I interpreting your response correctly ? If not, would you further clarify your strategy in the event a short squeeze forced UTEK share price above targeted fair value ? ? You may also claim the 5th amendment if you like :-)). P