Ram,
yes, the briefing buzz settled down, as the stock price did. Remember so many bought ALSC at higher prices at higher volume and hold their shares now, just as I do.
Only weak hands give up.
Semiconductor Equipment Book-To-Bill: Nov book-to-bill order rates picked up rising 6% to $1.7 bln, in line with estimates; CSFB says with chip demand forecasted to accelerate from 15-20% in 1999 to 25% in 2000, chipmakers are increasing capital budgets, buying up or equipping vacant fabs, breaking ground on the first new fab starts, and pulling-in the transition to 300mm; likes AMAT, ASML, TER, KLAC (briefing 7:27 ET).
So things develop nicely and some day Wall street will find ALSC again. Be patient. Let the good news pile up. When you have fresh money, pile up ALSC shares at very reasonable buy prices from some guy who lost his faith too.
Lutz |
