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Technology Stocks : PRI Automation (PRIA)

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To: Mike Farrar who wrote (834)11/18/1999 5:24:00 PM
From: Ian@SI  Read Replies (1) of 1214
 
Mike,

With your arguments, it sounds as if you seldom take any real profits home.

You don't really expect to profit by overweighting a backward looking earnings number over a forward looking Book to Bill, do you???? Absolutely amazing.

Do you really believe the market took PRIA to $50 based upon a forecast loss of 20½? ... or is there any chance that just maybe, the market is already looking beyond last quarter and the next 1 or 2?

Given PRIA's near monopoly in automating fabs, might it stand a chance of getting any of the business from the 25 + fabs that are being equipped during the next year?

RE the following quote: What an incredibly pompous, misleading if not an out and out lie, incredibly ignorant statement to make.

I don't want to sound negative, but I believe the book to bill issue is being used to disguise the incredibly horrid financial numbers.

Ian.

P.S. If I ever form a strong opinion on this latter statement, I'll be sure to let you know.
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