Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 -- Ignore unavailable to you. Want to Upgrade?

To: Cary Salsberg who wrote (3593)	12/21/2006 5:02:31 PM
From: Investor2	Respond to of 3696

Ultratech Cuts 4Q Guidance Wednesday December 20, 6:07 pm ET Ultratech Lowers 4th-Quarter Guidance Blaming Soft Markets, Cuts 10 Percent of Work Force SAN JOSE, Calif. (AP) -- Ultratech Inc., which makes products used in the manufacturing of semiconductors, on Wednesday cut its guidance for the fourth quarter, attributing the decrease to "softer business conditions." (snip) ......... see link for details. ... Ultratech said it now expects to post a fourth-quarter loss of 25 cents to 30 cents per share, compared with the company's previous guidance of a loss of 10 cents to 15 cents per share. (snip) ......... see link for details. ... Ultratech officials said that in an effort to cut costs, the company is reducing its work force by 10 percent and has closed certain non-strategic sales and service locations. Full story at: biz.yahoo.com Best wishes, I2