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Technology Stocks : Teradyne
TER 198.50+0.7%3:59 PM EST

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To: Yeadon who wrote (629)12/16/1997 11:40:00 PM
From: William T. Katz  Read Replies (1) of 1184
 
We will probably see a strong rally tommorrow. Japanese unveiled a one-time big tax rebate to rev-up their economy. That came as a surprise and their markets reacted well. If asia concerns (and in TER case, Japan mostly) has made the stock fall, this should help a little. Also, has anyone heard about the backlogs for orders? I saw a recent newsletter that reported TER as very very busy trying to ship all their orders. Their new testing system (> 1 GHz) is featured in the recent EE Times.

I bought into TER today and have been trying to catch up on all the pertinent messages on the thread. Before buying in, it seemed that this stock was hammered on general semi equip sell-off. However, volumes of chips/software should be going up so if anything, I'd think TER would be helped not hurt by all the semi competition. Also the fast pace of change will help drive new sales for faster testers. Are there any negatives that I didn't catch (other than the poor technicals for the last month & the general asian situation)?

Thanks,
Bill
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