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Strategies & Market Trends : The picks

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To: Jeffrey S. Mitchell who wrote (4043)2/6/1997 1:06:00 PM
From: Patrick Slevin   of 6124
 
UTEK .....
DowJones 02/06/97 11:59 CST
PRINTER 792 19 S=UTEK
6096020 Text Technical
DJ: Ultratech Stepper Closes Lepton Purchase, Plans 1st-Quarter
Charge

SAN JOSE, Calif. -(Dow Jones)- Ultratech Stepper Inc. said it completed the
acquisition of Lepton Inc. and expects to report a one-time charge in the first
quarter of about 12 cents a share for in-process research and development.
Terms of the acquisition, which was first announced in early January,
weren't disclosed.
Ultratech, which makes photolithography steppers used in the fabrication of
semiconductor and thin film heads for disk drives., said it created a unit,
UltraBeam Lithography Inc., to focus on the newly-acquired technology. Lepton
is a manufacturer of electron beam lithography systems.
Copyright (c) 1997 Dow Jones & Company, Inc.
All Rights Reserved.

Symbol(s): UTEK
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