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Technology Stocks : Credence (CMOS): Anyone out there

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To: RICHARD BARBITO who wrote (33)7/7/1996 12:10:00 PM
From: William L. Molair II   of 497
 
Smith Barney continues to carry this stock as a 1H. However, the analyst that covered CMOS for SB left several weeks ago and is now working for Merrill Lynch. I believe that he started coverage of CMOs at Merrill with a short term Hold and and long term Buy (however, this was when the stock was trading at 22 / 23).

Smith Barney has a new technical stock analyst (from Robert Stevenson - I think) and he is busy visiting companies like CMOS, UTEK, and RDRT. My broker indicated that he expected to see some comments on these stocks in late July / early August after earnings announcements and the analyst has had a chance to visit the companies.

I averaged down on the stock a few weeks ago at 13.5. Bascially taking a wait and see attitude at this time and hoping the company does not disappoint us!
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