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

To: Sam2482 who wrote (2745)1/11/1998 8:24:00 PM
From: Thomas M. Carroll  Read Replies (1) | Respond to of 42834
 
BB said he remains the same on UTEK --- a buy. He did say the stock will not move appreciably until late '98/99 and then it will be nowhere near today's prices. Yes, buy below 7500 or even now. He predicts the market will begin to move late January/early February and hit 8300-50 by April. Also thinks there is a probability that it will go appreciably higher by late Spring/early summer --- maybe 8800 or possibly 9000.



To: Sam2482 who wrote (2745)1/11/1998 8:36:00 PM
From: Tim Bagwell  Read Replies (1) | Respond to of 42834
 
Vicki,

Yes the buy point is in the 7400's or 920 on the S&P500. We are essentially there now. The rally should be led by large caps.

Bob was still fairly bullish on UTEK although he thinks 1999 is the year for them but the market should start to anticipate later this year. Usually the market is looking ahead 6 months or so.

Bob mentioned there will be an update in the January newsletter.


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