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Technology Stocks : Trikon Technologies - TRKN

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To: davesd who wrote (7)4/22/1997 3:49:00 AM
From: Carl R.   of 926
 
Yes, Dave. It appears possible that my target price of $5 may be reached after all. Sorry. Nevertheless I disagree with your premise that the semi recovery is taking longer than anticipated. If anything with the BTB of 1.17 in March and the higher DRAM prices of late it appears that if anything the semis are recovering ahead of schedule. Of course the equipment makers usually lag by about 6 months or a little more, but the recovery is becoming more visible. Now the question is how strong a company TRKN will be when they emerge from the sales dip, and whether they will be strong enough to be the worldwide competitor that they envisioned in the merger.

Carl
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