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Technology Stocks : Axcelis Technologies, Inc. (ACLS)
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To: The Ox who wrote (184)5/12/2009 11:49:15 PM
From: EACarl  Read Replies (1) of 195
 
RE "ACLS mgmt must be living in another world.....
I doubt they last more then 6 more quarters."

I agree completely.
In fact, if you look at the year ago results, ACLS lost money from operations with revenues of nearly $85 Million!
Even with the recent cuts, if ACLS doubles revenues from the current level, they'll still lose money! Pathetic. Glad to be out. No plans to buy back in, and no need to, as there are companies that are sure to survive and pulling back nicely now after a premature huge run.
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