The wait goes on at Ultratech (NASDAQ:UTEK), and it's not a particularly pleasant one for investors (nor, I imagine, the company's executives and employees). Management noted increased quoting activity for LSA systems and continues to expect orders and shipments to materialize soon, but investors are left in a frustrating grey zone wondering when foundries will make their orders and how the annealing market will shake out between Applied Materials (NASDAQ:AMAT), Ultratech, DNS (OTC:DINRY), and Mattson (NASDAQ:MTSN).
Ultratech's first quarter results do offer a reminder that the company has other credible business lines, including advanced packaging and tools for high brightness LED manufacturing, but it is the ramp in laser spike annealing tools...
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