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Technology Stocks : Photronics [PLAB]
PLAB 33.67-1.5%Dec 24 12:59 PM EST

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To: JDN who wrote (406)8/17/2000 9:59:19 AM
From: Thomas DeGagne  Read Replies (1) of 424
 
I agree it will be statements of future performance rather than past performance which will dictate the direction of the stock price.

Here are two indicators of future performance from the release:
* Sequentially, sales increased 12%

* I believe that we are in the early stages of a sustained growth period for sub-wavelength reticle solutions. Our strategic capital investment program has positioned Photronics to expand its market share during this period of robust growth

* the only global photomask manufacturer qualified to support major foundries in Singapore and Taiwan

Its 10AM and the stock is at $24 5/8 + 1 1/8
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