Ultratech, Inc. (NASDAQ:UTEK)

Poor All Star outperform fraction with divergence (1.57).

A Super-cycle is beginning in chips (see the mobile space) but not only the space occupied by the mobile space but all kinds of devices. They need more functionality, meaning more power, meaning better chips and better battery power. And the chip-makers all are anxious to get the next generation of equipment from the OEM's that sell the the highly-sophisticated machines to the chip-makers. UTEK is one of those few and these are multi-million dollar machines with few discounts to customers.

Can you spell bubble !

This is part of a tech run up that lost site of valuations.
UTEK has two products. Advanced Packaging Lithography and Laser Spike Anneal. Most outperform picks likely look at LSA as the growth side and packaging as vunerable to competition. But I don't think that is the case.

Laser Spike Anneal is a promising technology, but the major semiconductor manufacturers are likely worried about buying critical technology from such a small company, and other larger competitors will likely fill this niche with flash anneal or rapid themal processing before it takes off for UTEK. I think their best bet would be to spin this off and sell it to a Novellus or AMAT. A larger company would find this more valuable.

The Packaging segment is really low end lithography. The obvious competition would be from high end litho vendors like Nikon or ASML. But adapting the high end technology to the lost cost and relatively low volume market segment where UTEK plays is harder than it seems. At best they could sell a few tools and lower their overall margins in the process, at worst, they could invest in the segment and find out its harder than they anticipated and get no return at all.

Packaging is the growth segment for UTEK, but management doesn't realize it. The big semiconductor manafacturers are 5-7 years away from 450 mm wafers, the cost reduction from the wafer size doesn't effect die level tasks like packaging and test, once they notice this, they will start investing in these two segments and UTEK will be well placed to benifit. I suspect someone like AMAT will realize this and buy them when the price is right, and it isn't right today.

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Good grief how can this maintain their lofty valuations? Very little upside but huge downside potential.

P/E of 60?? I'd be very surprised if they can actually grow at that rate, there hasn't been any clear growth trend in the past yrs/quarters. Wayyy overpriced.

pile o crap

Possible future growth is overpriced into the stock.

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Recent developements have caused me to think that they have finally found their niche and streamlined their production

ridiculous P/E. Unsustainable

I simply used the screener to identify 1-star companies with the highest 52-week gain. The 1-star rating should mean they are bad companies and the 52-week gain should mean they are overpriced. We’ll see how it works!

bad management

If it keeps making its comback at this rate I will be in the money. They got off to a slow start but looks to me like they have that behind them and its straight up from here.

This stock is going gangbusters. No specific news, but given the general economy, it is startling how much it has risen since the beginning of April. Looking into what the latest inside trades that have happened over the past quarter.

Look at the PE and share price down

Connected to Xethanol... a dead penny stock. Cuban shorted both of them... this one is dead too soon enough.

bad smell