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Technology Stocks : Southwall Technologies

SWTX 46.99

0.0%

Jul 1 5:00 PM EST

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To: Skeeter Bug who wrote (1081)	7/22/2002 6:41:58 PM
From: sammaster	Read Replies (1) of 1143

earnings today showed downturn in automotive and electronic areas... increased revenues in architectural overall lower revenues from last year...not a good sign after spending all that money on upgrade capacity.. also eps was same as last year and that does not yet include the dilution from 8 to 12 million shares... looks like swtx being affected by the downturn in economy and when that hits achitecture/housing as well then revenues will really get hit... i still think this is good company for the long term but short term may have further downside selling pressure in stock as revenues decline.... i'm glad they used higher stock price before to access new capital to clean up its balance sheet to survive probable downturn

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