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Technology Stocks : Cerprobe (CRPB)

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To: raefon who wrote (137)4/8/1998 5:55:00 PM
From: Herschel Rubin  Read Replies (1) of 201
 
Raefon, I've been busy with other equities, so haven't taken time
to respond until now. CRPB is actually drifting down again without
many buyers stepping in.

The market has been dicey for techs, lately, so I'm not accumulating
more CRPB at this point in time. It has to go down into the $17 range for me to get interested, given current market sentiment for techs.

BTW, Yahoo announced 8c vs 4c First Call. Strange that the stock
is trading in the $90 range for that kind of earnings. Nevertheless,
the techs may bounce back more tomorrow, but this doesn't mend fears
about Asia because the internet stocks have been popular precisely because of their non-dependence on Asia.

I don't have any quantitative info that would justify my making a guesstimate of CRPB's first quarter earnings. They usually beat
expectations though.
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