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Technology Stocks : Credence (CMOS): Anyone out there

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To: Dennis G. who wrote (166)4/25/1997 7:22:00 PM
From: B Hewson   of 497
 
I can't find any news either. Very heavy volume today -- 1 M shares, versus average volume of 330K. 600K yesterday. Michael Murphy of CTSL says there is nothing wrong, but his record lately has not been good (Ross Systems, Cirrus). I listened to the conf call last Q and got the impression the recovery is not happening as fast as they would like. But their margins were still high and they seemed confident long-term. I don't know enough to know if this is really a good company or not. I bought on Murphy's recommendation. Earnings out mid-May. Insights from anyone appreciated.
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