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

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To: Greg Butcher who wrote (635)5/3/1997 3:55:00 PM
From: Alan Norton   of 3696
 
Subject: UTEK In A Weak Market

Since I see weakness in the semi-equipment sector until later this year, can someone please address UTEK in a weak market. Also please feel free to give the pros/cons for my initial premise.

RE: T/A

IMO, T/A is nothing more than trend analysis. It is a good indicator of market sentiment (whichever way the lemmings are headed), but as many of us has seen, market sentiment is sometimes irrational. It has more importance to short term traders. I do eyeball charts and find them informative of market trends.

I don't personally have a problem with the T/A talk, as long as it remains secondary to the fundamental issues.
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