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Technology Stocks : Ultratech Stepper
UTEK 30.230.0%Jun 5 5:00 PM EST

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To: Andrew Vance who wrote (472)4/21/1997 11:11:00 PM
From: Surfer   of 3696
 
Excellent piece of mail Andrew. Could you please comment, what's the
right price for UTEK in your opinion based on what we know today?

I calculated based on 5 year range, average P/E is about 21.
WIth 1.66 earnings, it comes out to be $34 stock. Am I off base
here? Hope, P/E expands rapidly to its historical average.
Another beauty, UTEK has no debt at all. That's great news with
raising interest rate environment. For more fundamental on this
stock - www1.wsrn.com

Regards,
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