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

To: rsie who wrote (2923)	12/16/1998 3:11:00 PM
From: nasdaqian	Respond to of 3696

Richard, Here again, is the news item: "Last year, Ultratech Corp. bought the small Austin, Texas-based company ISI Corp.,which was under contract to make prototype Scalpel systems for about $2 million per system. Lucent's contract with ISI was then canceled, and Bell Labs workers started building two high-throughput tools that could demonstrate Scalpel's commercial viability." It seems to indicate that UTEK has no stake in Scalpel.

To: rsie who wrote (2923)	12/17/1998 11:10:00 AM
From: rsie	Read Replies (1) \| Respond to of 3696

FWIW, Chip Companies Shut, Halt 26 U.S. Plants in '98, USA Today Says Bloomberg News December 17, 1998, 7:00 a.m. PT Palo Alto, California, Dec. 17 (Bloomberg) -- Hewlett- Packard Co., Intel Corp., Micron Technology Inc., Motorola Inc. and other semiconductor makers closed or delayed construction on 26 U.S. plants in the past year amid reduced Asian demand, USA Today said, citing Cahners In-Stat Group. Sometimes companies got state grants for promised projects that didn't pan out, as states like Virginia, Oregon and New Mexico have given companies tax breaks and other incentives for new construction that was postponed, the paper said. As a result, some states have started tying incentives to performance, and Intel, for instance, will owe Washington state up to $2 million next year when it closes a plant employing 650, the paper said. Reduced demand earlier this year caused memory chip prices to fall to about $2 from $60 in 1995, while billings for semiconductors fell about 14 percent in August from August 1997, according to the Semiconductor Industry Association.