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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: Demosthenes who wrote (3067)1/28/1999 11:38:00 PM
From: mister topes  Respond to of 15132
 
BB usually updates UTEK following analysis of quarterly
results in the next newsletter. That would figure to be
the February newsletter to be mailed Thursday, Feb. 4.
Would not at all be surprised to see the stock coded a hold
in view of the new product delays that have
become apparent in the current release. Based
on the quarterly report and conference call it certainly
sounds like the company needs much more time than
originally planned to work out its new product problems
and resurrect its underlying business. Meanwhile there
is about $7 in cash and about $10 in book value behind the shares.
Obviously the 4% single stock limit is a key rule with any one stock.