SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Ultratech Stepper
UTEK 30.230.0%Jun 5 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lars who wrote (253)2/17/1997 5:02:00 PM
From: Cary Salsberg   of 3696
 
Lars,

I am holding AMAT, EGLS, KLAC, LRCX, NVLS, SVGI, TNCR, and UTEK until well into the semi-equip recovery which should take me to about 2000, at least.

I see much room for gain for UTEK. The concensus estimates for 97 and 98 are currently $1.71 and $1.88. I would expect the estimate for 98 to be revised upwards to $2.50-3.00 as the recovery gathers momentum. This could easily support a $50-60 price in late 97, early 98. I think the 97 estimate will be revised upwards toward $2 and it will support a price of at least $40.

Cary
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext