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Technology Stocks : General Lithography
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To: Crossy who wrote (915)3/16/1998 10:11:00 AM
From: Andrew Vance  Read Replies (2) of 1305
 
I have played this a few times before. Some of the equipment is used for incoming/outgoing inspection of wafers at both the silicon manufacturers and the incoming IC manufacturer. They also deal in some other types of inpsection processes as well as handling of wafers.

I had an oppportunity to get into this stock in the the sub teens and rode it up to the mid 20s before bailing out. I never thought it would get that high. As you can see, I missed a whole great deal of a bonanza by not holding on. I say this because I have "sour grapes" over this mistake. My only solace is that I could have held on to $45 and then rode it down to where it is now. I have been very patient and promised myself I wouldn't venture back in until it was sub 15. We are close but not there yet.

BTW-I am still waiting to make a major IDTI purchase in the sub 12 regime<GGG>. Stubborness sometimes cost me a few $$$$ while on the other hand, I sometimes leap before I look on other equipment stocks.

Andrew

BTW2-I do like ADEX and believe it is undervalued. I just do not know when the market is going to realize the bargains that are everywhere in this sector. Before jumping in, I would look for the institutional holdings percentages for this company. I haven't checked on it for awhile. It would be nice to know if there were any shifts in the numbers.
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