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Technology Stocks : Silicon Valley Group

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To: Bookdon who wrote (2150)6/22/1999 9:18:00 PM
From: marquis103  Read Replies (1) of 2946
 
"What do you think is breathing life into this poor stray? "

Investors looking for value now that the big boys' stock prices are so high. SVGI, along with a few other semi-equips, has not really participated in this rally to a meaningful extent. Last cycle they went to about 38. The cycle before that to 49. Although hopes are dimming for that kind of high this time around, I think people are hoping for SVGI to land somewhere in the mid to high 20's. Read back a few posts and you'll see there's been some decent news also. IF SVGI can produce a good current quarter, with an optimistic forward outlook, the mid-20's may not be too far away.

Russ
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