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Technology Stocks : Semi Equipment Analysis
SOXX 299.81+2.7%4:00 PM EST

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To: Crossy who wrote (1640)1/14/2002 6:40:19 PM
From: Return to Sender  Read Replies (1) of 95611
 
COMM IC STOCKS

Actually I own some CLTK. I think the stock will do fine once an actual semiconductor recovery is far enough underway for Celeritek to become profitable. Until then I think there are other stocks that have higher profiles that will be better trading stocks than CLTK.

That being said despite any huge short position CLTK has maintained a healthy valuation. It will one day in my opinion be a very good stock to own long again. Here is a list of communication chip stocks. It's not all inclusive.

finance.yahoo.com

Looking at CLTK I would venture a guess that a good buy point would be anywhere around 11 3/4. Upside is limited to just a bit more than 14 until the industry shows further signs of improvement.

stockcharts.com[h,a]daclyyay[pb50!b200!d20,2][vc60][iUb14!La12,26,9!Lk14]

Just my opinion, RtS
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