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Technology Stocks : Ultratech Stepper

UTEK 30.23

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Jun 5 5:00 PM EST

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To: Investor2 who wrote (2717)	9/16/1998 9:41:00 PM
From: Investor2	Read Replies (1) of 3696

Last Update: 7:08 PM ET Sep 16, 1998 Also: Silicon Stocks Shares of DuPont Photomasks (DPMI) could tumble Thursday after the company warned first-quarter earnings may fall below analysts' expectations as a result of weakness in the semiconductor market and overcapacity in the photomask industry. Separately, the company also said it will acquire Hewlett-Packard's (HWP) photomask manufacturing unit for an undisclosed price. Photomasks are glass or quartz plates used in the production of silicon wafers. Chairman J. Michael Hardinger said in a press release after the bell that first-quarter earnings will be 19 to 24 cents per share. The current First Call consensus estimate is 39 cents per share. Hardinger said he also expects first-quarter revenue to decline as much as 6 to 10 percent compared to the year-ago period. Ahead of the news, DuPont Photomasks shares closed up 5/8 to 27 5/8.

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