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


To: Justa Werkenstiff who wrote (2746)9/23/1998 11:08:00 PM
From: Ram Seetharaman  Respond to of 3696
 
Despite all the downturn in this stock UTEK due to its position in the beaten down semiconductor business, one fact remains - UTEK has no debt. With a little spark in the market, UTEK should hit $ 30 by end of 1999.



To: Justa Werkenstiff who wrote (2746)9/24/1998 1:13:00 AM
From: Kirk ©  Respond to of 3696
 
Seems to me like the UTEK DD side is being ignored by the market.

Ah contraire my friend! DD market is squirming to figure out how to make $ delivering product for $499 PC I am reading alot about recently.... Price cutting is far from over there.

Mr Short is wearing watermelon smiles I assume.....



To: Justa Werkenstiff who wrote (2746)9/27/1998 12:20:00 PM
From: Boca_PETE  Read Replies (1) | Respond to of 3696
 
UTEK Short Interest as of 9/15/98 stands at 22,647,186 shares with average daily volume of 208,129 - thus 12.72 days to cover. While short interest has steadily declined since the Jan 1998 high of 4,669,273 shares, average daily volume has declined at an even faster rate from its Jan 1998 amount of 500,631 shares when average days to cover stood at 9.33 days.

Imho, the shorts were correct about this stock during the past year. Frankly, I'm disappointed that recovery for the SemiCap Equip industry has been gradually pushed back and that UTEK has drifted down to the mid teens. Are we "waiting for Godot" here ?

P :-(