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Technology Stocks : PLASMA THERM (PTIS)

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To: JessiDani who wrote (242)12/9/1997 10:32:00 PM
From: Chris Hansen   of 509
 
JD:

Oracle certainly put a damper on the tech sector (see wg290). Semiconductors also lost ground. PTIS is currently sitting on the 200MDA...fundamentals seem good (still!!). However, I believe the foreign element (Japan/currency dynamics) are effecting this stock (and this sector) with more significance than other sectors...e.g., regional banks and even oil service sector (in the beginning of a move...see WG610).

I'm tempted to pick up more of ptis. I have faith in this sector. Perhaps ptis will be a leader later on...mm take note...

It will be interesting to see what happens prior to release of earnings and just after...!?

Chris
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