Axcelis Technologies, Inc. (ACLS) Message Board

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Technology Stocks : Axcelis Technologies, Inc. (ACLS)

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To: HiSpeed who started this subject	8/18/2000 9:03:24 PM
From: Big Dog	of 195

Axcelis mentioned in today's Briefing.com market recap: After staggering backward for weeks amid concern over slowing growth, the chip sector roared back last week with the SOX index gaining 19% for the week. A couple of prominent Wall Street firms came to the defense of the sector, claiming that they saw no near-term end to the industry upturn - exactly what we had been saying for the past couple of weeks. Not that hard to figure really, given that company after company announced great earnings and sounded optimistic about the future. Though sector could see some modest profit-taking early this week (it did travel a long way in a short period of time), Briefing.com expects chip/chip equipment stocks to continue pacing the sector's advance through year-end... Traders should look for many of the second and third tier names which just started rebounding late in the week... Some examples include Sawtek (SAWS 46), SanDisk (SNDK 69 1/2), Therma-Wave (TWAV 22 1/16), Axcelis Tech (ACLS 18 3/8), Asyst Tech (ASYT 23 5/8), National Semi (NSM 45 3/8), Cypress Semi (CY 46 3/8), Rambus (RMBS 82 1/4), Silicon Storage (SSTI 24 7/8) and ST Microelectronics (STM 62 7/8).

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