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Non-Tech : Invest / LTD

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To: The Ox who wrote (14119)	12/6/2000 4:54:47 PM
From: SJS	Read Replies (1) of 14427

Mike, TWAV made the new "briefing.com" 10 list: _______________ Therma-Wave (TWAV) 12 1/4: Relatively recent IPO saw its stock price fall from 49 1/2 down to 10 5/16 on Monday... Like most things tech, TWAV staged an impressive recovery rally yesterday... In our opinion there is plenty of room for additional price gains, as stock trading at only 8.6x and 6.3x projected FY01 and FY02 earnings of $1.43 (+4666%) and $1.93 (+35%)... TWAV has also had no trouble beating estimates so far, having done so by an average of 44% over the past three quarters... Pivotal resistance is in the 17-18 area.

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