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

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To: Proud_Infidel who wrote (760)3/23/2000 10:24:00 PM
From: Jerome  Read Replies (1) of 1070
 
Earning for EGLS.....

From a response from IR the tentative earnings report date is the 21st of April before the market opens. They were very quick in responding. Took all of 10 minutes. I think the whole company is on the ball.

Items of note. EGLS opened slowly. But within 10 minutes shares traded went from 8,000 shares to 130,000. Same thing at the last hour. A 100,000 shares traded in the last 45 minutes. I believe this stock is under accumulation by some mutual fund.

Here's how the whole thing plays out. April 12th NVLS reports. April 17th KLAC reports. The 18th TER, KLIC, and LRCX. Since some of these companies have pre-announced that they will meet estimates, do you think that investors will sit on the sidelines waiting for EGLS to report? I doubt it. Expect a lot of buying after NVLS reports goof earnings. This could be a sequence of buy in anticipation and sell on the news.

I could be wrong and have a couple of ex's that will swear that I'm never right. That's why I'm going back to training mules instead of women.

Regards, Jerome
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