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Strategies & Market Trends : Technical analysis for shorts & longs

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Nov 7 4:00 PM EST

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To: Return to Sender who wrote (28422)	9/26/2000 11:19:00 AM
From: Johnny Canuck	Read Replies (1) of 67759

At least we are starting to get some follow through. CMTN advancing again today. Here is news on another one of your picks. It is still early yet as this is only the second order, but it looks good. ************************ Tuesday September 26, 9:26 am Eastern Time Press Release Amtech Systems Inc.'s Orders From Optical Component Manufacturers Reaches $8.6 Million TEMPE, Ariz.--Sept. 26, 2000--Amtech Systems Inc. (Nasdaq: ASYS <http://finance.yahoo.com/q?s=asys&d=t> - news </n/a/asys.html>) Tuesday announced that it has received two additional orders from optical component manufacturers, totaling $1.5 million, bringing the cumulative total of such orders to $8.6 million. "``According to the recent forecast of RHK, the worldwide optical component telecommunications market is projected to increase from $6.6 billion in 1999 to $23 billion in 2003. " "``We believe that our success in expanding our sales to the optical component telecomm market, along with progress in implementing our other growth strategies, will go a long way toward meeting the aggressive revenue goals we have set for ourselves. Our goal is for a 40 percent compounded average rate of revenue growth. ``We believe this is achievable, as the company experienced a similar rate of growth during the four-year period that ended Sept. 30, 1998.'' biz.yahoo.com

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