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

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To: tom pope who wrote (1157)8/20/1997 12:28:00 AM
From: mister topes   of 3696
 
After doing some checking around late Tuesday the following
was learned. During Tuesday's trading there was a story that
an unnamed technology analyst who reportedly does not cover
Ultratech Stepper was nevertheless making negative comments
about the company. Possibly in response to this, traders
saw an active short seller for much of the day who sold short
a reasonably large number of UTEK shares during Tuesday's session.
As of Tuesday night the identity of the analyst and the short
seller was not available. In any event, there are apparently no
negative developments at the company whatsoever, therefore
this short seller may find himself between a rock and a hard place
if investors begin to pay up for UTEK's new product portfolio.
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