Sparky,
Thanks for the input. I have been looking at ETEC along with many of the others in the semi-equip sector. It's a great stock as you know, but I am a little concerned with it moving so high, so fast. Several other stocks fall into the same category.
The last 2 to 3 months have seen several stocks nearly double, ETEC being one of them. It may have a ways to go, but then again, it may need a "breather" to continue on its way. As I pointed out in my previous post, FSII has suffered because of one of the most severe earnings decline over the last 6 quarters of all the semi-equip stocks. I think the earnings will start to improve in the near term, then FSII will be off to the races. I have held on too long at this point to sell any of the stock, and I may just invest more. The potential percentage gain in FSII at this point should be very good compared to many of the stocks that have already taken off, such as ETEC.
For both stocks to double, FSII has to go to 40 and ETEC has to go to 120. It may be a "horse race" to see which one gets there first.
Regards,
Don W. |
