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

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To: Investor2 who wrote (3573)3/31/2005 8:56:38 PM
From: Paul Senior  Read Replies (2) of 3696
 
Regards I2! Well, I am following your idea with UTEK. Stock has traded at 20 or better, every year for past several. I'm hoping it might do so again and within the next 18-24 months. The company apparently has one or more new technologies that have intrigued Husic (fund). Maybe such technology will garner more stock buyers' interest and be the catalyst to propel the stock yet again.

The stock's not a traditional value stock of course. (imo) P/book, p/sales, p/earnings --- metrics that I use in assisting in determining a "value" stock - are still too high. OTOH, relative to past years' numbers for UTEK, 1.8x book is at the lower end, and psr of 3.2 is not out of line.

Given the stock's current price, it's worth a small bet to me.
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