SEMITOOL (SMTL):Is it a hold? Message Board

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Technology Stocks : SEMITOOL (SMTL):Is it a hold?

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To: Captain Jack who wrote (682)	4/21/1998 11:24:00 PM
From: SemiBull	Read Replies (1) of 973

<<If you want to lower your avg cost to mid 12 it may be too late. I now have an avg of 11 1/4 and holding at this time.>> This presumes we don't see a correction of some sort over the next 2-3 months. I think things by and large are a little overvalued (see DOW) which will lead to a pull back ... particularly if the FED really believes in the "inflation" ghost. Some numbers support the existence of these gobblins, others do not. The only thing that matters, however, is what Greenspan sees! :~) I thought rates would be going lower over the next 2Qs, now I'm hearing maybe flat or a rise. This will tank the market (maybe 10-20% in our SMTL and the market as a whole) allowing me to lower my basis to 12. If not, I will sit with my shares and smile as we march towards 25+ by '99...assuming Ray T. doesn't do something stupid like turn down another buyout offer or cooks the books, etc. Just one man's opinion....SemiBull

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