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This is such a quiet thread. I have no documented detailed reasons about the weakness in Ter; however, twice before, I have bought in the 29-33 range and have sold just a few months afterwards in the mid 40s, and I will do so again. I lie in wait for 30-32. This is a good company, near the bottom of the cycle, with excellent prospects for 1999, which will NOT disappoint over the long term. There is very little 'value'in this market, especially among the techs, these days, but if TER hits the 30 level, BUY. At worst, by the end of the year, or early in 99, you would have made a good TRADE. But I think you need enough patience for at least a 6-9 month horizon! |