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Technology Stocks : ULTK-Ultrak

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To: Yuri Aminov who wrote (357)12/21/1997 3:07:00 PM
From: David K.  Read Replies (1) of 393
 
In my mind the option game is not an appropriate management activity. We are not buying stock in an investment company. Management should stick to the business it knows. Almost every time we see a company do this kind of fiddling, the wolves continue to chew up our investments. From 33 to 8 3/8 (close to where I bought) to 13 1/4 to 9 3/4. A deline of more than 30% in the last month. Management is paying itself hundreds of thousands of dollars and our investments are tumbling. I hope this isn't another S-3 (SIII).
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