S A ADVISORY
May/June 1996

S. A. Advisory's Undervalued Hotline
1-900-990-0909 Ext. 192
$2.00/MINUTE

Recommendations
No Super Fast Phone Service, only 900# recommendations

On April 2, 1996, our 900# investors were notified to purchase two stocks; namely, Electroglas, Inc. (EGLS) @ $125.75 and Ultratech Stepper, Inc. (UTEK) @ $18.00.

Both situations are high quality technology semiconductor capital equipment related companies that are selling about 65% below their 52 week highs. For the long-term oriented investor, both EGLS and UTEK should appreciate 300-500% due to anticipated revenue and earnings growth during the next few years, in addition to EGLS and UTEK's pristine balance sheet.


Recommendation #1
Electroglas, Inc. (EGLS)

Electroglas is a leader in the development, manufacture, marketing and serving of automatic wafer probing equipment for use in the fabrication of semiconductor devices. The Company's wafer probers position individual semiconductor devices still in wafer form under contact test probes to facilitate testing of the devices. The Company's primary product offerings are its 2000 Series wafer prober and its Horizon 4000 series wafer probers.

Fundamental Analysis

This stock is a steal! During the last 52 weeks EGLS has traded at over $40.00/share. The blind market gurus must have also developed mad cow disease allowing S.A. Advisory and the like to gorge ourselves on this tasty investment opportunity.

When on considers that EGLS has no debt, a huge pile of cash ($128 million+) growing revenues, excellent earning potential, fast growing presence in foreign markets, a stock repurchase program and complete Wall Street avoidance. This makes us extremely Bullish towards this situation. In our opinion EGLS is an excellent core holdings for investors that appreciates high technology at fire-sale prices. We intend to monitor EGLS in our 900# portfolio for percentage gain performance. This is a no-brainer.

Broker: 1.800-453-9408 - Greg Nelson; Corporate #: 408-727-6500


Recommendation #2
Current Price $23 5/8
Ultratech Stepper, Inc. (UTEK)

Ultratech Stepper, Inc. (UTEK) is a leading provider of low-cost, high productivity photolithography systems called wafer steppers. These sophisticated imaging tools are required for the manufacture of advanced electronic heads (TFHs) and micromachining components.

Primarily, UTEK sells steppers in five markets. Three are in the semiconductor industry, namely, mix-and-match, fab retooling and low cost high volume ICs. The remaining two are the thin film head and micromachining markets.


Recommendation #3
Current Price $6.50
(BYE.WS) Bear Stearns Japanese Yen Put Warrants

We believe that the dollar will continue to appreciate against the Japanese Yen during the next few years. Upon review of Chart C, investors should be able to conclude that the dollar looks relatively cheap when compared to at least 1988 on this chart.


In order to stay in line with SEC guidelines, S.A. Advisory may buy, hold or sell positions in all securities recommended. The portfolios are all hypothetical in nature. It is likely that all recommendations were purchased prior to the recommendation. We may buy additional shares or may sell shares at any time. S.A. Advisory's portfolios are geared towards sophisticated investors aiming for long-term capital gains. Our trading habits may vary at our own discretion. Most recommendations are based upon strict fundamental analysis. Usually revenue and earnings EST for low priced common stock result from management discussions.

S.A. Advisory Phone Service

This Service is a must for the serious investor! We communicate with the subscriber on a one-to-one basis. Quick Market Action, in many cases, secures extra profits or limits further loss. S.A. phone can be activated at any moment in time. We are personalized investor buy and sell communications. Phone Service investors usually receive special treatment concerning commissions and new issues. SEC # 801-16302-3 - Investment Advisor.

Subscription Form - As of January 1, 1996

1 yr investment letter 8 to 12 issues -----------------$ 150.00
Includes one free Super Fast Telephone Service Recommendation - include your Telephone Number!!!

1 yr investment letter with super-fast telephone service--------$425.00

6 mo. invest. letter with super-fast telephone service --------$305.00

1 year investment letter 8 - 12 issues via FAX ----------$250.00

1 year telephone service & letter plus access to communicate with S.A. any time through private telephone number-$1,000.00

Make checks payable and mail to:
S.A. ADVISORY
2274 Arbor Lane #3 Salt Lake City, UT 84117 (801) 272-4761

Copyright © 1996 S.A. Advisory

This site powered by Myers Internet Services (800) 693-7770