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Technology Stocks : FSII - The Worst is Over?

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To: Tom J. Casassa who wrote (127)9/20/1996 1:23:00 AM
From: Stratajema   of 2754
 
Just wanted to let you know I've been looking into Semi-conductor equipment companies (both front-end and back-end suppliers) and I have a new stack of company investor packages that is about a foot high. As I read through the packages and look at other company's stock prices I keep coming back to FSII shaking my head because I can't seem to figure out why this company's stock price is trading so low, even at $12 3/8.

You might remember that I don't own this stock yet and I think one of the reasons why I haven't purchased is because there seems to be something that Wall Street knows that I don't. (Or perhaps they are the blind ones?)

Anyway, while looking at semi companies I noticed Cyberoptics (CYBE) which dropped into the low $11's when they pre-announced a 3 Qtr. LOSS. Well, a couple of days later the stock hit an intraday high of $15 on heavy volume! And CYBE's book value is close to FSII's.

I know this is probably a ridiculous apples to oranges comparison of companies but maybe in the twisted logic of Wall Street, FSII should announce a quarterly loss to enhance shareholder value. Maybe I'll wait until FSII announces a loss and then buy the stock...that way ensuring I'll make a great trading profit.

David
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