SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : ASTX

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Adelantado who wrote (226)6/9/1999 5:04:00 PM
From: Goolie2  Read Replies (1) of 275
 
No post since April? Wow, you've got to luv it!

I did my thumbnail research and started buying today. Here's what I see:

Super strong semi-equipment group. I like strong stocks in strong industry group.

Technicals required a new high. There was overhead from an April '98 high at $17 1/2 and Oct '97 at $18+. Those weak sisters sold recently. Check the 2 year chart and you would see a shake out on weak volume and than an increase in volume last week. Today we cleared the remaining weak holders and have an all time new closing high.

Fundamentals. From reading news releases and SEC documents, ASTX was a company in transition, closing some older business lines, and expanding leading edge lines. In the prior qtr 10Q management commented that their book to bill was 1.60 I was very impressed. Enough for me to start my position today.

Good luck, But please do you own due dilligence before buying any shares!

Goolie
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext