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

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To: Jerome who wrote (922)6/29/1997 12:30:00 PM
From: mister topes   of 3696
 
Accumulation patterns in UTEK are awesome. Sellers are scarce and
unmotivated while buyers are lining up to add to their smart money
positions. Those looking for big surprises in the June quarter are
wasting their time. But second half earnings pickup is a realistic
objective as order prospects improve moving forward. If UTEK can
earn two dollars per share next year the stock should easily trade
at an eighteen multiple. And if investors look into 1999 at any
point and see the potential for $2.50 per share as P-Gild and E-Beam
orders develop, UTEK could again return to its former lofty
heights in the forties. In any event, UTEK shares purchased at
these levels should emerge as massive winners over the next
year to year and one-half. Patience will win out for UTEK investors.
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