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Technology Stocks : Ultratech Stepper
UTEK 30.230.0%Jun 5 5:00 PM EST

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To: Justa Werkenstiff who wrote (2856)11/3/1998 12:56:00 AM
From: Tom Murphy  Read Replies (1) of 3696
 
Justa Werkenstiff...I apologize for the name calling, but I was a little ticked that you implied I was making up stories. You know UTEK was referenced in the Downgrade by some news sources (correct or not)...so your implication about my credibility was out of line. But having said that, that was no excuse for my language in my previous post...and again I apologize. I don't have access to all Morgan Stanley recommendations (as I am not a client), and it will be a delayed posting on the services I use if I get it(probably a week). But correct or not (in reference to UTEK), it does represent another "sector" downgrade.
BTW...Here is one that is a fact. DLJ downgraded 4th quarter, FY98 and FY99 EPS estimates for UTEK on October 23. You should be able to access the headline at Zack's or First Call, or any pay service you may use.
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