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Technology Stocks : General Lithography

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To: Andrew Vance who wrote (909)3/16/1998 4:32:00 AM
From: Crossy  Read Replies (1) of 1305
 
Andrew & all,
do You have any opinion about ADE Corp - ticker ADEX. Stock traded as high as $45 this fall, now dropped to $16.5. Does test and yield improvement systems. This niche should fare better than the rest of semi eqip market in light of AFC. Anyway, demand should remain soft next 2 quarters but stock looks like a value to me.

Does anybody know specifics about their type of business ? Any inputs would be highly appreciated.

PSR rating is qt 1.2, in contrast to group (test eqipment) PSR of btw. 1.9 and 2.5. This makes it look appealing..

regards
CROSSY
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