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: A. Wayne who wrote (2845)	10/30/1998 5:54:00 PM
From: mister topes	Read Replies (2) of 3696

The whining over UTEK is very hard to believe. Considering that SVGI cratered into single digits along with many other small cap semi capex stocks, UTEK has held like a rock despite participating fully in the industries earnings woes. If UTEK can hold the mid teens throughout this worst of all worlds earnings season for semi capex companies, what will this stock do when fundmentals improve and new products start to ship. Seems to me those short millions of UTEK shares may have a real problem finding shares available to buy back at these prices in the face of an industry turnaround down the road. I would not even consider being short this stock now given the shareholder demographics and the narrowing floating supply. No way. Not to mention $6.60 in cash and $10.60 in book value!

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