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Technology Stocks : FSII - The Worst is Over?
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To: Sparky65 who wrote (1481)10/1/1997 10:27:00 AM
From: Donald Wennerstrom   of 2754
 
Sparky,

So far this morning the stock is responding nicely to the announced $10M dollar order. You had better hold on to your remaining shares or they will announce another order just as soon as you sell <g>.

Seriously, I think jumps in price will occur with any announcement of new orders - just what we have been saying all along. As Piper Jaffrey (sp?) put it, they have enough capacity in-place to do $600M per year in sales. They have already spent the capital to put this capability in place - this is why their earnings took such a beating and the stock price has lagged compared to many of the other semi-equips. If they can get the orders, the stock should go a long way in a hurry.

A lot of the other semi-equips have already had big run-ups this year. FSII could just be getting started.

Regards,

Don W.
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