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Technology Stocks : Ultratech Stepper
UTEK 30.230.0%Jun 5 5:00 PM EST
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To: spiny norman who wrote (846)6/5/1997 12:58:00 AM
From: Andrew Vance   of 3696
 
You will find no bigger UTEK supporter than myself but this press release is a non event as far as I am concerned. The Titan series is their lowest end stepper and is tradtionally the scanner replacement or low end 5X stepper replacement system. It will gain renewed life for MEMS and for the Polyimide processing it can do more cost effectively than other available steppers systems.

While these may all seems very significant, the investment community may not give a damn. The announcement of the Saturn series a few weeks ago was, IMO, much more significant but resulted in nothing happening in the way of price or visibility. The community is a broken record, "UTEK cannot compete in the sub 0.5 micron arena so the comapny is doomed". They have a very narrow focus (no pun intended) relative to this company. Therefore, this g-line press release may have as much impact on UTEK as a gnat has on an elephant.

Let them prove me wrong tomorrow and have the stock run to 25<GGG>

Andrew
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