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


To: Diamond Jim who wrote (6171)7/23/1998 1:32:00 PM
From: pride  Respond to of 42834
 
bob predicted the impending asian crisis last june when he made a switch out of the tr price new asia fund into vanguard international...great advice and i profited from the trade. his comments relating to utek at the time was that it had relatively light presense in asia compared to most of the other competitors. obviously he was wrong. but a guy can only do the best that he can and nobody has a crystal ball.

the important thing is that utek is positioned well to be a player when semiconductor cycle takes a turn...when this will be is anybody's guess...that's why future purchases in this area by me will be made after the smoke has cleared and orders and starting to come in...i'm not going to try and time the bottom...will catch the advance on the way up. don't want to sell my position in ultratech because i got in the stock on bob's advice in the 14 and 15 dollar range and do not feel that it will fall below that level. as far as i'm concerned he got me in at the bottom and i'll wait for the ride up whenever that may be.

i have listened to his show since 1986 and so far this is the only recommendation that i can recall that hasn't worked out exactly as he had planned...not to bad if you ask me. i take that back, also his recommendation of standford telecom on NBR has been a lagger but also has good long term potential.

your comments are always appreciated...thanks.

pride