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Technology Stocks : FSII - The Worst is Over?
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To: MikeyT who wrote (2682)10/2/2000 9:58:18 AM
From: The Ox   of 2754
 
Good question. Like SVGI, FSII has had a tough struggle these past few years. I believe the worst is over and that the future, though filled with difficulties, holds better times for FSII shareholders. I also think we are seeing the beginning of a consolidation wave in the semi-eq business.

One note, the price-to-sales ratio paid by ASML for SVGI isn't all that high, even with the premium over the current stock price. I'm not sure we can use this as a valuation gauge for FSII but the merger should give a little better visibility to the relatively low valuations in this sector.
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