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Technology Stocks : Ultratech Stepper
UTEK 30.230.0%Jun 5 5:00 PM EST
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To: Ian@SI who wrote (1140)8/15/1997 10:36:00 PM
From: Tom Pulley   of 3696
 
Utek followers, has anyone else noticed the change in relative performance of UTEK over the last couple weeks? Today AMAT lost 4%, NVLS -1%, INTC -4%, CSCO -3%, SEG -1%, WDC -2%,.......and UTEK up a tad.

We are also now solidly above the 13 week, 26 week, and 39 week moving averages finally despite the market selloff. I am not a technician or trader, but it appears we may be ready to finally move ahead. There is some buying here from somewhere.

Tom
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