SCHEDULE 13G

Amendment No. 3 
Ultratech Stepper Incorporated 
common stock 
Cusip # 904034105                

Cusip # 904034105           
Item 1: Reporting Person - FMR Corp.
Item 4: Commonwealth of Massachusetts
Item 5: 0 
Item 6: 0 
Item 7: 517,600 
Item 8: 0 
Item 9: 517,600 
Item 11:        2.434% 
Item 12:            HC

Cusip # 904034105    
Item 1: Reporting Person - Edward C. Johnson 3d 
Item 4: United States of America
Item 5: 0 
Item 6: 0 
Item 7: 517,600 
Item 8: 0 
Item 9: 517,600 
Item 11:        2.434% 
Item 12:        IN 

Cusip # 904034105      
Item 1: Reporting Person - Abigail P. Johnson 
Item 4: United States of America
Item 5: None 
Item 6: None 
Item 7: 517,600 
Item 8: None 
Item 9: 517,600 
Item 11:        2.434% 
Item 12:            IN

SCHEDULE 13G - TO BE INCLUDED IN STATEMENTS
FILED PURSUANT TO RULE 13d-1(b) or 13d-2(b)

Item 1(a).      Name of Issuer: 

                Ultratech Stepper Incorporated 

Item 1(b).      Name of Issuer's Principal Executive Offices:

                3050 Zanker Road,    
                San Jose, CA  95134  

Item 2(a).      Name of Person Filing: 

                FMR Corp.

Item 2(b).      Address or Principal Business Office or, if None, 
Residence:

                82 Devonshire Street, Boston, Massachusetts  02109

Item 2(c).      Citizenship:

                Not applicable

Item 2(d).      Title of Class of Securities:

                common stock 

Item 2(e).      CUSIP Number:  

                904034105 

Item 3. This statement is filed pursuant to Rule 13d-1(b) or 13d-
2(b) and the person filing, FMR Corp., is a parent holding company in 
accordance with Section 240.13d-1(b)(ii)(G).  (Note:  See Item 7).

Item 4. Ownership

        (a)     Amount Beneficially Owned:      517,600 

        (b)     Percent of Class:       2.434% 

        (c)     Number of shares as to which such person has:  

        (i)     sole power to vote or to direct the vote:       0 

        (ii)    shared power to vote or to direct the vote:     0 

        (iii)   sole power to dispose or to direct the disposition of:
        517,600 

        (iv)    shared power to dispose or to direct the disposition of:
        0 

Item 5. Ownership of Five Percent or Less of a CommonStock.

        If this statement is being filed to report the fact that as of 
the date hereof, the reporting person has ceased to be the beneficial 
owner of more than five percent of the class of securities, check the 
following (X).

Item 6. Ownership of More than Five Percent on Behalf of Another 
Person.

        Not applicable

Item 7. Identification and Classification of the Subsidiary Which 
Acquired the Security Being Reported on By the Parent Holding Company.

        See attached Exhibit(s) A, B. 

Item 8. Identification and Classification of Members of the Group.

        Not Applicable. See attached Exhibit A. 

Item 9. Notice of Dissolution of Group.

        Not applicable.

Item 10.        Certification.

        Inasmuch as the reporting persons are no longer the beneficial 
owners of more than five percent of the number of shares outstanding, 
the reporting persons have no further reporting obligation under 
Section 13(d) of the Securities and Exchange Commission thereunder, and 
the reporting persons have no obligation to amend this Statement if any 
material change occurs in the facts set forth herein.
        
Signature

        After reasonable inquiry and to the best of my knowledge and 
belief, I certify that the information set forth in this Schedule 13G 
in connection with FMR Corp.'s beneficial ownership of the common stock 
of Ultratech Stepper Incorporated at July 31, 1999 is true, complete 
and correct. 

        August 10, 1999 
Date

        /s/Eric D. Roiter
Signature

        Eric D. Roiter  
        Duly authorized under Power of Attorney
        dated December 30, 1997, by and on behalf
        of FMR Corp. and its direct and indirect
        subsidiaries

SCHEDULE 13G - TO BE INCLUDED IN STATEMENTS
FILED PURSUANT TO RULE 13d-1(b) or 13d-2(b)

        Pursuant to the instructions in Item 7 of Schedule 13G, Fidelity 
Management & Research Company ("Fidelity"), 82 Devonshire Street, 
Boston, Massachusetts 02109, a wholly-owned subsidiary of FMR Corp. and 
an investment adviser registered under Section 203 of the Investment 
Advisers Act of 1940, is the beneficial owner of 517,600 shares or 
2.434% of the common stock outstanding of Ultratech Stepper 
Incorporated  ("the Company") as a result of acting as investment 
adviser to various investment companies registered under Section 8 of 
the Investment Company Act of 1940.

        Edward C. Johnson 3d, FMR Corp., through its control of Fidelity, 
and the funds each has sole power to dispose of the 517,600 shares 
owned by the Funds.

        Neither FMR Corp. nor Edward C. Johnson 3d, Chairman of FMR 
Corp., has the sole power to vote or direct the voting of the shares 
owned directly by the Fidelity Funds, which power resides with the 
Funds' Boards of Trustees.  Fidelity carries out the voting of the 
shares under written guidelines established by the Funds' Boards of 
Trustees.

        Members of the Edward C. Johnson 3d family are the predominant 
owners of Class B shares of common stock of FMR Corp., representing 
approximately 49% of the voting power of FMR Corp.  Mr. Johnson 3d owns 
12.0% and Abigail Johnson owns 24.5% of the aggregate outstanding 
voting stock of FMR Corp.  Mr. Johnson 3d is Chairman of FMR Corp. and 
Abigail P. Johnson is a Director of FMR Corp.  The Johnson family group 
and all other Class B shareholders have entered into a shareholders' 
voting agreement under which all Class B shares will be voted in 
accordance with the majority vote of Class B shares.  Accordingly, 
through their ownership of voting common stock and the execution of the 
shareholders' voting agreement, members of the Johnson family may be 
deemed, under the Investment Company Act of 1940, to form a controlling 
group with respect to FMR Corp.