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Technology Stocks : Cerprobe (CRPB)
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To: Herschel Rubin who wrote (136)3/29/1998 3:54:00 PM
From: raefon  Read Replies (1) of 201
 
Herschel, I agree with everything you have stated with only one notable exception. I am not certain we will see the buying opportunity you mentioned. The stock recently traded $17 1/2, I think I may have missed my chance to accumulate stock at those levels, at least before the earnings release. I would expect that as the quarter draws to a close, CRPB management will begin to get inquiries from the analysts who follow CRPB. If the analysts reiterate their recommendations anytime in the next week to ten days, as I suspect they will, we won't see the stock move lower. The company also received some local press at a recent Arizona Republic(AZ major newspaper)investors conference. While I did not attend, I understand the analysts who were present praised the business and the opportunities for future growth. I would agree that as the market exhibits some downside volatility (sometime within our lifetime) CRPB will exhibit similar characteristics. Thanks for the earnings update. Do you have a number in mind for the quarter?
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