Azenta Message Board - Msg: 5517537

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Technology Stocks : Azenta

AZTA 33.39

+0.4%

Jan 2 9:30 AM EST

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To: Saturday who wrote (412)	8/17/1998 2:22:00 PM
From: Joseph Beltran	of 1138

saturday, of course BRKS can go down more. but the important question is whether BRKS is a good risk/reward candidate at its current price. BRKS appears to be basing here with accumulation taking place below $10.00. given all the bad news which has hit the sector over the past 10 months I would venture to say that everyone that has wanted out of BRKS has already done so. people holding the stock at current prices are new owners, looking for intermediate to long term appreciation. absent a new wave of bad news from asia, i.e. h.k. devaluation, major bankruptcies in japan, I personally do not expect BRKS to go below its previous low. the industry will eventually turn around. it's not a question of if but when. we are not going back to the stone ages, folks. Another sector which is currently undergoing a selloff just like these techs did in the past is the oil servicing sector. If you study and pay attention to the second tier techs and the oil servicing companies you'll be able to make some amazing returns when their cycle reverses.

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