RE: "HI does anyone have any opionions on UTEK in general?"
Here are several thoughts:
1. UTEK is obviously a volatile stock. The current price reflects the difficulty in accurately projecting growth in sales/earnings, due to SE Asia, falling DRAM prices, falling disk drive prices, etc. Should it become evident that UTEK will get back to its historic growth rate, the price will certainly move up from here.
2. UTEK has no long term debt and lots of cash. It is a strong company with excellent management.
3. UTEK's stock price over the next year or two will depend on the success of it's new technologies (see numerous previous posts by Ian, Don Lane, Andrew, Justa, and others). If these manufacturing techniques catch on as I expect they will, the stock price should quickly move to significantly higher levels. Since there is a relatively large short interest, Mr. Short, as he is warmly refered to on this thread, will be forced to cover quickly. This will accellerate the upward price movement.
Well, you asked for opinions and that is what the above are!
Best wishes,
I2 |
