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

To: Demosthenes who wrote (3312)	10/19/1999 7:55:00 PM
From: mister topes	Read Replies (2) \| Respond to of 3696

Recent attempts to conduct an internet bear raid on the shares of UTEK are based on false information. After researching the subject today, I have learned there is no truth whatsoever to the internet story stating UTEK is recalling their Saturn series of machines due to Y2K non compliance. On the contrary, there is no such recall and no such non compliance. Hopefully the company will address this issue in the upcoming Thursday morning conference call as the story is a total fabrication. UTEK is expected by the consensus of analysts to report breakeven results for the third quarter. Anything in the profit column would be an upside surprise. Company guidance on the bump processing tool which is scheduled to ramp up in Year 2000 at $1,400,000 per machine would be welcomed by investors. Large revenue and earnings increases in 2000 and 2001 would certainly be welcomed by investors. Earnings release is Thursday morning just prior to 8:00 a.m. Pacific Time conference call.