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Technology Stocks : Ultratech Stepper -- Ignore unavailable to you. Want to Upgrade?


To: Demosthenes who wrote (3215)6/25/1999 8:54:00 PM
From: Ram Seetharaman  Respond to of 3696
 
0.25 or 0.18 - whatever works - should also be sold in decent enough quantity to show improvement in sales and profit - that is not happening and Wall Street is shunning this company! Even after the multimillion dollar European order two days ago, the stock tanked - worse today on a meager 37800 volume.

UTEK has two positives behind it - one is its low (perhaps zero!) debt, and the other is it weathered the down periods of 1997 and 1998. Things can get only better from here, as the semi cycle ramps up for the next 30 months. If one is willing to wait a year the stock should trade at $ 30 or better. IMHO this is a good buying opportunity, when the stock is so cheap! As the book to bill ratio ramps up more and orders come pouring in, UTEK will get more visibility - right now it is in the same league as other dogs like SVGI!