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Technology Stocks : Tower Semiconductor
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To: yosi s who wrote (1801)9/13/1999 9:16:00 PM
From: Ed Hawkins  Read Replies (2) of 1853
 
Dear Group,

This obviously is solid news. Late buying today suggests the stock will surge tomorrow, and that as always, the market makers knew in advance. In many (most) ways we love this Motorola work, in other ways we don't want it in that it may choke capacity for the Image Sensors and the Flash. I bet it allows Tower to increase prices in the here-and-now though. Funny thing is, rumor has it that HP is one of the end-users! What goes around, comes around. And who knows, Motorola very well may use the Flash too, and the image sensors come to think of it. This is small fry though folks. Guess we need a new facility. Big news around the corner, I can just feel it. Let alone profitability in Q4, 3Qs ahead of current estimates. Load up and margin down more as we climb. Yahoo! No Lycos.

With regards,

Ed Hawkins
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