Seeking Alpha

Kirk Lindstrom's  Instablog

Kirk Lindstrom
Send Message
Kirk Lindstrom has an engineering degree from the University of California, Berkeley. Following 20 years of research and development as a scientist and engineer at Hewlett Packard, Kirk turned his attention to investments where he edits "Kirk Lindstrom's Investment Letter," that... More
My company:
Kirk Lindstrom's Investment Newsletter
My blog:
Kirk's Market Thoughts
My book:
Subscribe to "Kirk Lindstrom's Investment Letter"
View Kirk Lindstrom's Instablogs on:
  • Ultratech Secures Repeat Advanced Packaging (AP) Order

    Ultratech Secures Repeat AP Order Win With OSAT Customer

    (click to enlarge)3-Yr UTEK Chart

    Major Asian OSAT (outsourced semiconductor assembly and test) Company Orders Ultratech AP300W for High-volume Advanced Packaging Applications

    SAN JOSE, Calif., July 2, 2013 /PRNewswire/ -- Ultratech, Inc. ( My UTEK Charts), a leading supplier of lithography and laser-processing systems used to manufacture semiconductor devices and high-brightness LEDs (HB-LEDs) announced that it has received a repeat order from a leading outsourced semiconductor assembly and test (OSAT) company in Asia. The AP300W lithography system built on Ultratech's customizable Unity Platform™ will be utilized for wafer-level packaging (WLP) applications to support growth driven by communication devices. As the advanced packaging technology requirements evolve, OSATs will play an important role in establishing the supply chain. This major win further confirms Ultratech's ability to deliver operational flexibility, technology leadership and highest economic value for its customers.

    "Demand for thinner mobile communication devices such as smartphones and tablets are driving much of the growth in WLP," according to Jan Vardaman, president and founder of TechSearch International. "Many of the suppliers of the integrated circuits used in these products depend on OSATs to meet their production needs. It is expected that the OSAT expansion will continue over the next several years to address this growth opportunity."

    Ultratech Vice President, Advanced Packaging Technology/Nanotechnology Market Manish Ranjan said, "Ultratech has maintained a leading market position over the last decade by delivering outstanding production performance with superior cost-of-ownership solutions. We look forward to working closely with our customers in the OSAT segment to support their high-volume production ramps."

    Certain of the statements contained herein..... http://seekingalpha.com/news-article/6982112-ultratech-secures-repeat-ap-order-win-with-osat-customer

    (click to enlarge)Recent UTEK Trades in Explore Portfolio

    More about "Explore Portfolio"

    (click to enlarge)Historical UTEK Price Graph

    Disclosure: I am long UTEK.

    Jul 03 10:45 AM | Link | Comment!
  • Apple Still Above Key Support Levels - Bottom Callers Beware

    See my chart at: "AAPL: Apple Price Gap Still Open: Resistance And Support Graphs"

    Key features:

    1. The thin, dashed-green horizontal line shows an open gap for AAPL at $425.00. One form of TA (technical analysis) says the downtrend won't reverse until this gap is completely filled and it can go lower before it turns.
      Of course, TA is only "odds" and not a guarantee.
    2. The thick, dashed-green line shows a four-year support line that was broken and is now resistance.
    3. Two Fibonacci levels remain support at roughly $390 and $316.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Tags: AAPL
    Feb 05 3:36 PM | Link | Comment!
  • Jim Cramer Is Bearish On Intel And Why I Bought INTC

    on Now and then I like to watch Jim Cramer's "Mad Money" show on CNBC to see what direction the wind is blowing. That is, I think Cramer has a very entertaining show, especially if you like shouting and nobody taking the other side of his arguments, but it seems he echoes what is "group think" that tells you "why" a stock is up or down, but does very little for making good, long-term decisions. Sponsors who sell trading strategies love his show as it is easy to sell stocks and advice for stocks that are moving.

    Read the rest of my article at Jim Cramer is Bearish Intel and Why I Bought INTC

    Was yesterday the last chance to buy Intel under $20?

    I didn't mention in in my Seeking Alpha article yesterday, Why Intel is a Great Buy (while at $19.75), but I think Intel will probably build chips for Apple (AAPL) in the near future. By the time that is public knowledge (ie Intel chips showing up in tear-downs of Apple products) the stock will probably be $30 and then Cramer will change his tune.

    More articles by Kirk Lindstrom at

    Disclosure: I am long INTC.

    Tags: INTC, AAPL, Jim Cramer
    Dec 06 7:47 PM | Link | 4 Comments
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.