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Technology Stocks : Speedfam [SFAM] Lovers Unite !

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To: JZGalt who wrote (2610)1/29/1998 3:54:00 PM
From: ncs  Read Replies (1) of 3736
 
I bought about a dozen stocks utilizing that type of criteria just before New Years, two of the stocks were SFAM and ADEX. At yesterday's close I was down 1/4 on SFAM and 11/16ths on ADEX (after a good day in that one). Overall I was up 3.57%. Others that I picked up were VECO, TLDCF, SPCT, SMOD, SAWS, RFMI, PEAKF, MRVC, KLIC and FSII. On average, they are down about 60% from their 52 week highs and most completed secondary offerings in the last half of '97, so had sufficient cash to make it through the Asian crisis. I figured I have a downside risk of 20% or so with the upside potential being at least 100%. Once any of them go above 33% I plan on putting in a stop loss at 25% of my gain.

Hope I'm right on this one.

Neil
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