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


To: rsie who wrote (3023)1/28/1999 2:09:00 PM
From: Ian@SI  Read Replies (2) | Respond to of 3696
 
It strikes me as rather odd that the bearish sentiment would come out just as the industry and the sectors for which UTEK has strength are showing significant signs of recovery.

It would seem that having taken the risk for the past couple years of downturn to be less than ingenuous to sell just as the up cycle is beginning.

Personally, I still feel that UTEK has the promise, that the next 18 months will see that potential turn into reality, and that I would be extremely unlikely to buy back shares for more than $30 that if I just sold them at less than $20.

Selling now to buy back after UTEK has delivered the anticipated growth just doesn't sound like a winning tactic at this point in the cycle.

I've waited a long time for the reward. I'll wait another year. ... or 3.

I guess our differing opinions is what makes a market. ;-)
Ian.