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Technology Stocks : Fairchild Semiconductor (FCS)
FCS 19.860.0%Sep 20 5:00 PM EST

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To: pezz who wrote (5)8/7/1999 12:02:00 AM
From: JB2  Read Replies (1) of 50
 
The history you cite sounds plausible. The way this
company is being bandied about indicates to me it is a
vehicle being used for the benefit of company insiders
rather than new shareholders. But we should be able to
profit from momentum in this sector despite all the
shenanigans. I am wary though of this one, I mean look
at their stated mission for the ipo $$: to pay down debt.
Does that equate with growth? Well, Warren Buffett loves
to see cos. paying down debt, so it's a fundamental good
sign. But that just takes care of past expenditures, what
I'm interested in is their future prospects...
Here is a watchlist I put together with today's closing
prices, for 9 semiconductor companies, (and a couple of
other stocks I'm watching):
techstocks.com
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