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Technology Stocks : Ultratech Stepper

UTEK 30.23

0.0%

Jun 5 5:00 PM EST

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To: Boca_PETE who wrote (1774)	11/26/1997 8:20:00 PM
From: Justa Werkenstiff	Read Replies (4) of 3696

All: Mr. Short is back as announced today in the WSJ. He increased his position by 104.% from October 15, 1997 to November 14, 1997. Total shares short went from 1.679m to 3.439m. With an average daily volume of 963,804 shares this puts days to cover at 3.57 days. I glanced at other semi-equipment stocks and the percentage increase seems far greater in UTEK than in others for the month. AMAT was the one only one that even came close at 103.9%. But the days to cover in UTEK was greater comparatively (remember we are talking in terms of a few days) than the same sample (AMAT, KLAC, SVGI, LRCX, KLIC, NVLS, FSII). Days to cover in UTEK is even fractionally greater than CYMI now.

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