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Technology Stocks : American Xtal Technology, Inc. (AXTI)
AXTI 12.34-5.0%3:59 PM EST

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To: Will Lyons who wrote (175)1/2/2001 8:49:07 AM
From: kinkblot  Read Replies (1) of 290
 
Hi WL,

Where you see value of R & D, Alpert sees an accumulated deficit. <g>

He's probably just suspicious due to the Jesup & Lamont connection, so he's emphasizing the negatives.

A stock like EMKR thrives on anticipation; worrying too much about the short-term bottom line can be a mistake in this type of situation. I've made that mistake several times. Sure, one has to look ahead for the earnings, but the same is true wrt potential competition. Barron's is willing to grant one but not the other.

This technology is still in its infancy. Instead of trying to predict the future winners, better to let the market tell you who the winners will be by their relative performance. Holding a basket of stocks at this stage seems like a good approach, especially if the companies give you exposure to several other rapidly growing markets, as do AXTI and EMKR.

WT
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