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

To: stock bull who wrote (3018)1/28/1999 11:54:00 AM
From: Kirk ©  Respond to of 3696
 
I just listened to the conference call and will put up a summary on my site suite101.com. Major interest was the end when Art got excited about using their 1x steppers for solder bump technology where there is no competition. Users would have to buy new machines with new optics. The projects I was on at HP before "semiretirement" in Dec. were all going to use solder-bump technology for higher density in a small package. Art said major driver was lower overall package cost which agrees. Smaller packages are cheaper and hundreds of wirebonds on large chips are expensive! This process takes much energy which reduction steppers can't easily deliver hence Arts excitement for their 1x steppers.



To: stock bull who wrote (3018)1/28/1999 11:58:00 AM
From: Bald Eagle  Respond to of 3696
 
Well, in a nutshell.The most important thing to me are statements about the future. They were mostly positive. Also, they have quite a lot of working capital, so they look like a solid company. But, I based my buy purely on TA. Well, I guess if there had been something really bad in the report, I would have taken that into account, but so would everyone else and that would have been reflected in a drop in price today which would also have affected the TA.


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