Ultratech Stepper Message Board

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Technology Stocks : Ultratech Stepper

UTEK 30.23

0.0%

Jun 5 5:00 PM EST

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To: Cary Salsberg who wrote (3522)	5/14/2001 4:59:01 PM
From: Return to Sender	Read Replies (1) of 3696

The RSI - or Relative Strength on UTEK is right around 20. In addition we also got penetration of the lower Bollinger Band today. These types of conditions can be indicative of a short term change in the trend. 207.61.23.98 The trend in this stock has been lower since earnings were announced along with the downgrade but I believe it could be ready to change. In addition we have the SOXX trending lower but it is closer to a turning point than the NASDAQ itself. Although this may not be your favorite semi cap I do believe it is closer to a safe entry point than many of the others we follow. That is of course unless there is a fundamental problem with the company? By the way the stock probably was overbought at its higher level. Thanks, RtS

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