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Technology Stocks : Etec Systems moving up
ETEC 0.1500.0%Sep 8 5:00 PM EST

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To: Dr. Bob who wrote (968)5/31/1998 2:58:00 PM
From: Carl R.  Read Replies (1) of 1279
 
Actually I suspect the thing that will affect the price the most in the short term is the UTEK system. Installation is still not complete, but if after installation it is perceived to have advantages over the ETEC system, that could cause prolonged weakness until such time as ETEC is once again safely in the lead. This is true even though producing these machines and installing them in quantity is not easy, and it would take UTEK a substantial time to capture a significant portion of the market. I believe that the UTEK system is the cause for the stock weakness at the current time, and that as the situation becomes clearer the stock will move one way or the other.

Carl
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