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Technology Stocks : INVX Innovex Comdex Winner !!
INVX 22.05+0.2%Dec 26 9:30 AM EST

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To: R.Lui who wrote (1944)12/27/1997 11:49:00 PM
From: Douglas V. Fant  Read Replies (1) of 3029
 
R. Lui, Greetings and Happy Holidays! My guess is that we will get some downward earnings revisions on tech stocks for a few months. The unknown amount of the revisions is probably what is keeping folks away from a tech stocks generally. However INVX is a leader in its niche- and expanding into flip chip package assembly too.

So they are thinking ahead. I'm guessing that when the "smoke clears" INVX will have an earnings estimate in the $2.00/share range. So does that justify slamming INVX about 45% on its stock price? probably not- but it will take a while to get the engine runing"full steam" on an upward course.

So like everyone else, I'll try to buy additional INVX shares over the next six months whenever we have doom and gloom days in the markets....

Sincerely,

Doug F.
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