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

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To: Kirk © who wrote (3486)12/26/2000 4:10:29 PM
From: Demosthenes  Read Replies (2) of 3696
 
UTEK up big today while SOX is down. This has happened a couple of times in the last couple months. I've followed them carefully for years and own shares.

AMAT has licensed technology from them and since then I and others, i.e., Andrew Vance have speculated on wedding bells.

UTEK had a BTB of 1.6:1 last CC mostly because of demand for their Bump Processing tool for DRAM, which doesn't match with all the news of DRAM makers reducing spending.

So what's up? Something, that's for sure. Why would institutional buyers want UTEK on their books for 12/31?

I've been wanting AMAT to buy them (in a stock deal) ever since they licensed UTEK technology. AMAT engineers have been on UTEK premises everday since.

I got lots more of AMAT when they took over all my ETEC shares and I'd like the same to happen with UTEK.

I bot all my current UTEK at 13 in May of 99.

UTEK up 19% today.

D
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