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Technology Stocks : Semi Equipment Analysis
SOXX 270.83+1.0%Nov 21 4:00 PM EST

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To: The Ox who wrote (2772)4/15/2002 9:40:53 PM
From: Return to Sender  Read Replies (1) of 95456
 
Michael I have been looking over AXTI. I agree that it does look like a good long term entry point as of today's close. Volume is not high so it is not a great trading stock as you suggested. The stock closed at 8.88 today and could trade back up to 11 with enough strength in the SOX or related stocks.

Here is the chart that I just ran:

stockcharts.com[h,a]daclyyay[pb50,200!d20,2][vc60][iUb14!Uk14!La12,26,9]&pref=G

This is the last information I have from Briefing.com on the stock's earnings posted on Feb 6, 2002:

AXT Inc. matches estimates; updates guidance (AXTI) 9.83 -0.08: Reports Q4 (Dec) loss of $0.17 per share, in line with the Multex consensus of ($0.17); revenues fell 59.7% year/year to $15.4 mln vs the $13.3 mln consensus; company updates guidance for Q1; sees net loss in the range of $0.14-$0.16 per share versus the current consensus estimate for a net loss of $0.14 per share; sees Q1 revenues flat to 5% higher than Q4.

Thanks, RtS
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