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

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To: Getrich Won who wrote (252)6/28/1996 8:08:00 PM
From: tnnm   of 362
 
Judging by today's high activity and growth, the invisible hand of Economics will prevail. If there is a high supply and low demand for what appears to be a relatively solid investment (a techstock with a P/E of 8.24! WOW!), the demand curve will shift to the right and the price will rise, rise, rise!

However, using that logic, why isn't Lam doing the same thing? Their P/E is somewhere in the 5's. Also, their expected earnings while lowered from their initial estimates still look somewhat promising. I wonder if it is just going to be a bit of a delayed reaction.

See you all Monday morning for what may turn out to be yet another exciting session on Wall Street.

-Tony
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