Ultratech Stepper Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Ultratech Stepper

UTEK 30.23

0.0%

Jun 5 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Investor2 who wrote (2487)	5/30/1998 3:10:00 PM
From: Justa Werkenstiff	Read Replies (3) of 3696

I2 and All: The short term game has changed significantly. UTEK short interest as calculated for May 15th is at 2.166m for a short position reduction of over 40% from the April 15th figure of 3.643m. Days to cover is at 8.5 down from a peak of 17. The short interest is down to what it was between November 15 and December 15 of 1997. Without the short support, UTEK must begin to trade on its own merits. I think the chances of getting to $18 again have increased significantly without this short support unless investors become more confident in the promise of 1999. I certainly did not see that in this sector last week.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next