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Technology Stocks : Tower Semiconductor

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To: William Griffin who wrote (1819)	9/24/1999 9:51:00 PM
From: Creditman	Read Replies (1) of 1853

William ... Tower has not been profitable for a while and so does not behave like a "normal" stock. Tower has moved up almost 50% ...from $6 - $7 to today's $10.50. Now it's just wait and see if this quarter is good and if profits are near or here. My guess is that this will be a great quarter for the reasons you mentioned and next quarter will be a real "barn-burner"! I am in the circuitboard business. A friend called me today to say his company ... they make "daughter board" memory devices for p1 - p3 computers .. he said boards and chips were already in short supply and the Taiiwan quake is killing them. Yes!

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