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


To: Kirk © who wrote (4918)5/11/1998 12:33:00 PM
From: Greg Butcher  Read Replies (1) | Respond to of 42834
 
Re:"I bought Intel in '93 "knowing" it was a great company and was going places. Check out this link quote.yahoo.com It was Flat for two years. Don't you wish you put more money into Intel back in early '93? Good picks really take time."

Kirk, Yes I wish I had bought INTC during its big move, however if you had owned msft at the time of the utek recommendation you would have doubled your money (and I have)....is it not true that investing is also "knowing" the right timing?...I would say yes. the fact remains that you would have made more money if it were in a passbook account all this time. If UTEK moves up to Bobs target price of 40
next week after almost two years does this mean he was right? or just 1/2 right timing also being factor?

Dont get me wrong..I have done very well by Bob..and I have great respect for his knowledge...however we can't be right all the time..
and I feel this was one of those times.

P.S. Thanks for the links..

Greg