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


To: Justa Werkenstiff who wrote (2613)7/27/1998 10:03:00 PM
From: mister topes  Respond to of 3696
 
Your analysis of this extraordinary effect is absolutely brilliant.
Unfortunately for the shorts, they were unaware of the awesome
support provided by this dramatic effect, and now they are faced
with the sad realization that UTEK has already reported the
worst news for this cycle, but the stock has holding in the
20 range like a rock. Of course, this is a massive problem for
the shortsellers because they are now short close to 3 million
UTEK shares in the face of improving fundamentals beginning in
the second half with the potential of bigtime growth starting in
1999. Also, they must cope with actual net daily trading volume
of less than 100,000 shares, and the realization that probably
millions of UTEK shares have been putaway for a rainy day.
God help the shorts when this stock starts moving, they will be
destroyed on the way up and will lose their collective short shirts.