FSII - The Worst is Over? Message Board

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Technology Stocks : FSII - The Worst is Over?

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To: Donald Wennerstrom who wrote (1800)	3/1/1998 9:19:00 AM
From: Joe Dancy	of 2754

Thanks Don. If you could add Align-Rite (MASK) - a photomask maker like Photronics that would be great - if not, no problem. With regard to FSII two points I discovered - first Zack's has increased the consensus long term earnings growth rate to 27.0% from 25.6% last month, so analysts are revising the projections in the right direction anyway. Zacks rating: dailystocks.net Also, the price has broken above the 50 day moving average but is still below the 200 day moving average. I'm not a technician, but at least we are moving in the right direction here, and you comments indicate the trend continues across the sector. FSII chart: dailystocks.net With inflation non-existent the future value of earnings will continue to increase - especially with companies that grow rapidly like FSII - so I expect the market to continue to push the smaller cap stocks with growth potential upward. My only concern is that Greenspan and others are saying Asia is not over, and I tend to agree, so we may hit an air pocket before the end of the year - but as a long term holder I think we are in at a fair (undervalued) price here. Joe P.S. - Second opinion had this to say about FSII this morning: COMMENT Moving Average Convergence/Divergence (MACD) indicates a BULLISH TREND Chart pattern indicates a POSSIBLE TREND REVERSAL Relative Strength is BEARISH Up/Down volume pattern indicates that the stock is under ACCUMULATION The 50 day MOVING AVERAGE is rising which is BULLISH The 200 day MOVING AVERAGE is falling which is BEARISH PRICE IS UNDER SUPPORT OF 13.52 WHICH IS BEARISH RECOMMENDATION STOCK SHOWS STRONGLY IMPROVING CONDITIONS SCORE = 4 IF YOU ARE SHORT THIS STOCK CONSIDER COVERING OR MONITOR STOCK CLOSELY STOCK IS AN EARLY ENTRY BUY CANDIDATE IF STOCK CLOSES ABOVE 12.24

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