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

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To: mister topes who wrote (1169)8/20/1997 11:27:00 PM
From: mister topes   of 3696
 
No doubt the Tuesday short seller in UTEK is feeling a bit
bloodied and beaten down following Wednesday's UTEK rally.
The shares gained a handsome 5.2% in Wednesday's session
as buyers controlled the days trading with no apparent return
by the shortseller in Wednesday dealings.
The real threat to the shortseller is the potential that
UTEK will begin seeing a pickup in orders as investors
look at the explosive potential of the new product portfolio
as well as the overall pickup in semiconductor capital equipment
business which is now sweeping AMAT, ADEX, KLAC, KLIC, LRCX and
NVLS sharply higher. When investors begin bidding up UTEK's shares
the stock should sail into the thirties with little difficulty.
Maybe then Mr. Shortseller will be looking around for some UTEK too!
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