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Technology Stocks : Daw Technologies DAWK

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To: oscairo who wrote (472)12/17/1999 10:02:00 PM
From: Return to Sender  Read Replies (1) of 607
 
I did not mean it that way. I was referring to the larger picture, not a direct relationship. What I mean is that the semiconductor market needs to heat up a lot more for anyone to even want to buy that clean room business. Micron reports earnings next week. MU is for the most part a commodity chip seller which as you know had to stop their expansion plans in Utah due to an over supply problem. On the plus side NVLS just had earnings estimates raised. They even issued a press release stating that they would exceed the current estimates. That is good but DAWK is just a tiny player in this huge industry. I only have 5000 shares of DAWK. I bought after seeing a technical break down in the stock but only after talking to someone at the company.

Straight forward the situation is such that DAWK is in need of further funding but I believe they will get that funding. In addition I also expect the company will manage to win more contracts as this industry continues to heat back up. I can afford to be patient with DAWK. If it ends up at zero I will not shed any tears. Should it ever hit 9 again?

Well then I will wish I had bought 50,000 shares at 17/32's.

RTS
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