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


To: Dr. Bob who wrote (1923)12/18/1997 8:59:00 PM
From: Ian@SI  Respond to of 3696
 
Bob,

How true! My initial UTEK purchase and very first Semi Equipment purchase was at 33.50. :(

My second purchase, and the bulk of my shares was made at 15.75.

My last purchase for my RRSP was near 19.

All could have been sold for quite nice gains. As Cary has already posted, the intrinsic value of the company and its prospects leave no doubt in my mind re holding this investment.

If the trend in the Nov Book to bill for orders and amounts billed continues, these companies will post significant positive earnings surprises. Sooner or later the street will realise the error of their ways.

Ian.



To: Dr. Bob who wrote (1923)12/19/1997 12:17:00 AM
From: mister topes  Read Replies (1) | Respond to of 3696
 
Doctor White you are all wet. Anybody could have loaded up
on Ultratech shares in the summer of 1996 in the $14 to $15
area where millions of shares traded and then could have
taken a cool one hundred percent profit during the 1997
price runup into the low thirties. Ultratech shares more
than doubled during this time on very heavy trading volume
which would have made the double your money trade very
easy under the 100% profit and out approach.
UTEK went up way over 100%. In fact it rose from 14 to 34
at the extremes for a total gain of 142%.