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Technology Stocks : Thermo Optek Corp. (TOC)

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To: Crossy who wrote (22)2/25/2000 12:19:00 PM
From: Douglas V. Fant  Read Replies (1) of 38
 
Marcus, I have been buying LNOP on each pullback. I screwed up royale this morning and sold my MSCC expecting a pullback- instead it jumped 10% more -oops. Now I'm in the same position on MSCC that I am in on CVCI- on the sidelines waiting to get back in....

API I really like- consolidated on low volume and aimless price movement. Technically any period of aimless price movement on low volume is a consolidation, regardless of whether the stock previously moved upward or downward...But I'm sure you are familiar already with that pattern...So your near-term $10/share price target on API is very realistic IMO

SEMX is now exhibiting that very same pattern. Below average volume with aimless price motion..My price target on SEMX initially is $17/share (its old all-time high) and the onward to $25/share after we clear resistance at the old high area...

I've been buying CPSX too today, upping my position there...same volume decline pattern is building there..earnings out soon too..SEMX's business built 45% year-over-year for the fourth quarter- maybe some similar announcements of new business by CPSX since SEMX and CPSX share the same sector- metal matrix composites? I would not be surprised....
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