Ultratech Stepper Message Board

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Technology Stocks : Ultratech Stepper

UTEK 30.23

0.0%

Jun 5 5:00 PM EST

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To: Tom Murphy who wrote (2801)	10/24/1998 9:33:00 AM
From: Carl Mays	Read Replies (2) of 3696

I agree - only they weren't giving away product, they just had no equipment sales whatsoever. The $12M represents service and spares revenue. No new equipment sales. Another layoff is planned in the next 6 weeks. Every Utek employee I've talked to has been looking elsewhere and they have already lost a lot of talented people. I believe the growth in this market will be at the leading edge. Customers will invest to improve their technology to stay competitive. If this holds true AMAT, KLAC, and ASMLF will be the beneficiaries. The low end market is converting to reduction technology and Utek will not fare well in this area.

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