StockIceMan's Weekly Stock Pick
Week of
October 16, 2006
| Stock: |
Ultratech, Inc. |
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| Ticker Symbol: |
UTEK - Nasdaq - Semiconductors |
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| Buy: |
14.50 to 14.75 |
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| Sell: |
20.00 |
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Info: |
Ultratech, Inc. engages in
the development, manufacture, and marketing of
photolithography and laser thermal processing
equipment for the manufacturers of semiconductor
and nanotechnology components. It supplies
step-and-repeat systems based on one-to-one (1X)
technology to semiconductor device manufacturers
for applications involving line geometries of
0.75 microns or greater, and to nanotechnology
manufacturers. The company’s 1X steppers are
also used as replacements for scanners in
existing fabrication facilities, as well as used
to manufacture high volume semiconductors used
in various applications, including
telecommunications, automotive control systems,
power systems, and consumer electronics.
Further, Ultratech supplies 1X photolithography
systems to the thin film head manufacturers and
other nanotechnology markets. It also offers the
LSA100, which is a laser-based thermal annealing
tool used by the semiconductor industry for
various process steps, including activation of
implanted impurities, dielectric film formation,
formation of silicides, and stabilization of
copper grain structure. Ultratech markets its
products directly and through independent sales
organizations in North America, Europe, Japan,
Taiwan, and the rest of Asia. The company was
founded in 1979 and is headquartered in San
Jose, California |
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| Financial Info: |
For the six months ended
6/30/06, revenues increased 7% to $61 million.
Net income totaled $406,000 vs. a loss of $3.9
million. |
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| Key Ratios: |
Current
Ratio: 4.04, Total Debt/Equity: 0.051, Trailing
P/E: 186.00x, Forward P/E: 45.09x, Price/Book:
1.79, Price/Sales: 2.69 |
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| Share Info: |
There are 23.60
million shares outstanding with 22.09
million shares in the trading
float. Institutions own
approximately 92.10% of the shares outstanding.
There have been no insider purchase and 2
insider sales totaling 40,000 shares in the last six months.
Real-Time SEC
Filings
As of 9/12/2006, there were 2.88 million shares short.
Net Institutional Selling: 142,567 shares prior to latest
quarter. |
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| Articles: |
ULTRATECH INC Files SEC
form 8-K, Change in Directors or Principal
Officers |
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