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Technology Stocks : FSII - The Worst is Over?

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To: Tom Smith who wrote (1083)6/24/1997 5:23:00 PM
From: Sparky65   of 2754
 
I hate to say it but, there is nothing in that quarterly announcement that gets me real excited about this stock. The announcement was very general and non-inspiring. As usual for the Wall Street powerhouse FSI.

I am sitting here watching many other of these tech stocks move higher and higher and all FSI does is sleep. I keep hearing about how the tuff quarter is over and things are starting to pick up. Funny, I heard that same story last year as well. Things don't change execpt many other semi stocks keep going up.

It would be interesting to know of the business that is going on out there, even if it is minimal, how FSI is doing. Are they gaining marketshare or losing it. Is there business out there that they are competing for or are they not a factor. It would be nice to know those types of things in an announcement. Not just: Orders are picking up.

I'm sorry but I maintain my bearish position on FSI. I don't think we will see $20 for at least 6 maybe 9 months.

Hope I'm wrong.
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