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Technology Stocks : AEHR
AEHR 26.01+3.6%Oct 31 9:30 AM EDT
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To: robert b furman who wrote (118)7/31/2008 3:56:52 AM
From: Tom Caruthers  Read Replies (1) of 157
 
I re-opened my position in AEHR at $4.60. I expect the stock to have fairly strong support here, though could slip to multi-year low of between $3.5-4.0 where I plan to buy more. Vague guidance, weakness from Spansion (see recent earnings announcement) - its key customer - and an increase in the income tax rate make this stock not for the faint of heart. But new product cycle and potential for recurring revenue from contactors from a growing installed base with a low float could drive this stock higher. Anyone buying the stock needs a year horizon.

Good luck!

Tom
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