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Technology Stocks : TNCR, the MOST Undervalued Semi-Equipment Stock

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To: Tassi who wrote (248)6/24/1996 7:02:00 PM
From: space cadet   of 362
 
As I predicted a few weeks ago, TNCR is heading for 16 where it may find some support. It should at least rest there for a little while. At that point its P/E looks attractive so I may get in and ride it up to 20. However, I'm still concerned that it may break 16 if these bad earnings reports continue. Thus I will wait and see. If it can hold at 16 it will have formed a double bottom which is very bullish. I advise waiting till earnings reports are out in July to be sure. You may lose a point or two but you'll sleep much better.
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