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Technology Stocks : Applied Microsystems
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To: Rooster Cogburn who wrote (92)2/10/1998 10:48:00 AM
From: Smilodon  Read Replies (2) of 134
 
I think all the sellers are out now. Stock is surging on low volume. Someone seems to be accumulating with no supply available.

I listened to the conference call. Mgmt. still seeing slowness in Asia, especially in their older testing products. New products growing rapidly. Software partnership with WIND going a little slower than expected. Will be released soon.

H&Q is at a hold but notes possibilities for upside. If the downturn was just due to order pushouts from Japan, and not any product problems, the company could turn around quickly. I filled up my position on the stock. I think now is the time to buy.

Anybody with industry knowledge of their products out there? Love to here your comments.
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