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

To: David Semoreson who wrote (2780)	10/6/1998 11:12:00 PM
From: Diamond Jim	Respond to of 3696

SAN JOSE, Calif.--(BUSINESS WIRE)-- "Cost-Effective Lithography for MR/GMR Technology" Hyatt Saint Claire San Jose, Calif. Ultratech Stepper, Inc. (Nasdaq NM:UTEK), a leading supplier of photolithography systems used for the manufacture of semiconductors, thin film heads (TFHs) for disk drives and micromachining devices, today announced that it will host its seventh annual seminar on TFH lithography in conjunction with DISKCON USA '98. This year's conference, "Cost-Effective Lithography for MR/GMR Technology," is scheduled for Wednesday, September 23, 1998, from 2:00 p.m. to 5:00 p.m. at the Hyatt Sainte Claire in San Jose. Commenting on the event, Norbert Kappel, Ultratech's TFH senior product manager, noted, "As the industry transitions to the next generation of TFH manufacturing, there is a greater need for reliable, highly productive and cost-effective lithography solutions that enable the manufacture of advanced devices with increasingly smaller geometries. This seminar is a vital forum where data storage professionals from around the world come together and discuss how to optimize their lithography processes to address both current and future TFH manufacturing challenges." This year's presentations will include, but are not limited to, the following topics: -- Technology and market trends in TFH manufacturing -- Requirements for rowbar applications -- Use of steppers in high-volume TFH manufacturing -- Trends in reticle requirements for the TFH industry -- Manufacturing challenges in the TFH lithography process -- Trends in magneto-resistive/giant magneto-resistive head technology -- Advances in photoresist technology and applications -- Improvement in stepper performance through new technologies Since the seminar's inception in 1991, interest in manufacturing and business trends for the TFH industry has grown considerably, leading to steadily increasing attendance each year. In addition to addressing lithography challenges in TFH manufacturing, the seminar will also review process results using Ultratech steppers in these environments. This year's presenters include representatives from Applied Magnetics Corporation, AZ Electronic Materials (a unit of Clariant Corporation), Peripheral Research, Photronics and Ultratech Stepper. For more information, or to register for "Cost-Effective Lithography for MR/GMR Technology," please visit Ultratech Stepper's website at ultratech.com, or contact Victoria Kostka at Ultratech Stepper: phone: (408) 321-8835 or fax: 408/325-6444. About Ultratech: Founded in 1979, Ultratech Stepper, Inc. designs, manufactures and markets photolithography steppers used worldwide in the fabrication of semiconductors, micromachining devices and thin film heads for disk drives. The company produces products that substantially reduce the cost of ownership for manufacturers in the electronics industry. Ultratech's common stock is traded on the Nasdaq Stock Market under the symbol UTEK. The company's home page on the World Wide Web is located at www.ultratech.com CONTACT: Ultratech Stepper, Inc. Laura Rebouche, 408/321-8835 or MCA, Inc. Terry Anderson, 650/968-8900 KEYWORD: CALIFORNIA BW0126 SEP 08,1998 5:50 PACIFIC 08:50 EASTERN

To: David Semoreson who wrote (2780)	10/6/1998 11:27:00 PM
From: Ian@SI	Read Replies (1) \| Respond to of 3696

OT to David re Canadian Tax Rules. I've received advice to the contrary from my accountant. Essentially, the odds of Revenue Canada catching the transaction unless they're auditing you for some other reason is low. So you might be able to process the paper work without any immediate problems. However the tax act and the Interpretation Bulletins would bring in the "wash sale" rules if you are holding "substantially the same security" via options. You can get the IB from their web site. By the way, I like your accountant better than mine. ;-) Is (s)he looking for new clients? Ian.