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Technology Stocks : PLASMA THERM (PTIS)
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To: Greg Butcher who wrote (249)12/12/1997 3:25:00 AM
From: JM  Read Replies (1) of 509
 
Hopeful that the major support remains at 6, and we don't see further erosion in price. Good Q4 earnings will keep price up. ML just downgraded many chip industry stocks including AMAT. Asia concerns provide more downward pressure. PTIS is more diverse and provides niche products. Despite this, PTIS is always grouped with other chip mfg. stocks. This may be a buying opportunity for the longer term investor.
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