Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Diamond Jim who wrote (5821)	7/11/1998 12:12:00 AM
From: Kirk ©	Read Replies (1) \| Respond to of 42834

re AMAT and UTEK.... I remember it was 1993 and I bought IBM paying $48/share. It hit something like $42 or $44 before turning, splitting and now sits at $118.50. I was sure a rotten stock picker as I paid a split adjusted $24 when it was available for $21 a few months later. I'll take 5x in 5.5 years though a "smarter" investor with a better crystal ball could have done 5.5x I also bought MSFT about then. I forget what I paid, but I know that MSFT was down that year. I did buy on a big dip (before I started listening to Brinker - my father told me to check out Brinker as he reached the same conclusion as I about MSFT) but my point is the stock was a loser that year before going on the be a ten banger for me. It took a year from when I had the good idea to buy it to when it started to go up. Last I checked, it is still going up. There were some good buying opportunities in June as well as back in January in the SOX, Yeah, you could make 5% in a MMF, but I've been happy for the long period of low prices so I can sell some winners at peaks and load up on more bargain basement stocks. Just today I sold a crummy EmMkt fund and got some more UTEK. I hope I look as foolish with my $22+ basis in UTEK as I did with my $24 basis in IBM....8) BTW, AMAT may get hammered Monday as I hear they are warning of an earnings shortfall. Then again, often the last of the expected bad news leads to a rally. One last point, I never hear Bob given much credit for making to call to get out out Lam at $36 (I think?) after they bought Ontrak. I didn't agree with Bob, saw my money double after his call to sell only to see it go from $67 back to a teenager (now $19). These stocks are not for the faint of heart! regards Kirk out

To: Diamond Jim who wrote (5821)	7/11/1998 6:34:00 AM
From: Justa Werkenstiff	Read Replies (1) \| Respond to of 42834

Jim: You must be hanging out with Rillinois too much. He can hardly get anything right and now you are carrying on in "its" tradition with your last post <g>. Brinker never did recommend buying AMAT on June 12th. What on earth are you talking about? Moreover, if you are talking about January 12th as opposed to June 12th, Brinker never said AMAT was a "buy at these levels" in January. That is plainly your conclusion based upon what he said. He did say that these stocks were trading as though there was no future in the business at all and he disagreed with that notion 100%. He never said for you to go out and buy AMAT. You reached that conclusion all by yourself.