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Technology Stocks : Align-Rite Int'l (MASK) Undervalued compared to PLAB DPMI
PLAB 22.58+4.0%1:52 PM EST
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To: Douglas V. Fant who wrote (34)3/20/1997 9:37:00 AM
From: Joe Dancy   of 388
 
"Bear market for technology stocks" says the Wall Street Journal. Yeah, but long term, where else are you going to find growth like this in an economy growing at 2.5% a year - and when it grows 3% a year the Fed Chairman threatens to slam on the brakes due to inflation fears. MASK will do well in a growing market - it is coming on its own, and is certainly undervalued at current levels. Where have these people been stating that there is a bear market in technology? Most of the stocks I've been buying in the last 6 months are down 50 to 75% from their earlier hights - and they have growth rates in excess of 20%. Long term, MASK will do well as outsouring and market growth will create a positive environment in which to increase revenues and eps. Welcome to the club.
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