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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: Trebor who wrote (1847)10/27/1997 12:36:00 AM
From: mister topes  Read Replies (1) | Respond to of 42834
 
I have no comment on the other semi capital equipment stocks, but
UTEK declined a mere 0.94 cents during last weeks trading from
a previous friday close of 29 1/8 to this weeks close of 28 3/16.
I would hardly call this a significant move, especially in
a sector that suffered large losses in several other stocks.
The company says only 14% of current backlog is in Asia while
86% is in US and Europe. Hardly seems like UTEK is very
dependent on Asian orders right now.