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Technology Stocks : ELECTROGLAS -- How far can it go?

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To: Proud_Infidel who wrote (709)1/18/2000 3:53:00 PM
From: Jerome  Read Replies (2) of 1070
 
No reason why it shouldn't be up. With the TER upgrade I view EGLS as the poor man's TER. Earnings are next week and I've heard whisper numbers as high as .40 cents. The latest issue of Bloomberg's had a decent article on whisper numbers and the games analysts play. In this article it was stated that the whisper numbers were more accurate than the official estimates. If this keeps up the analysts will increase the creditability problem that they currently have.

For now I recognize only a few stocks in this area as undervalued.They are LRCX, EGLS, COHU, SVGI. In most of these situations a deep in the money option is better leveraged play than the stock for the next few weeks.

I do take my own advice, on a routine basis. Even even a blind acorn finds a pig every now and then.

Regards, Jerome
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