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Technology Stocks : Ultratech Stepper
UTEK 30.230.0%Jun 5 5:00 PM EST
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To: ccryder who wrote (1837)12/12/1997 4:38:00 PM
From: Zach E.  Read Replies (1) of 3696
 
Pin Mang downgrades Ultratech to "sell short":
Hoppenmeier semiconductor analyst Pin Mang has
downgraded the shares of Ultratech Stepper (NASDAQ: UTEK)
to a "sell short" rating, citing the fact that no one
will ever need hard disk space or smaller semiconductor
features. "I think that the world is on the cusp of
reverting back of an agrarian society -- I don't see how
these companies will ever make money again," Mang said.

I thought that the above might be good for a laugh as
the semiconductor equipment slump continues..

Zach
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