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Technology Stocks : SEMITOOL (SMTL):Is it a hold?

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To: Captain Jack who wrote (673)4/20/1998 9:03:00 PM
From: SemiBull  Read Replies (2) of 973
 
<<Looking for 16 in 6 months and 22 in 18.... any comments?????>>

'Tool had about a 6-8 month lead on their Equinox ECD tool way back last summer. With this downturn, I hope that lead hasn't been narrowed much.

I think your projections are as good as mine. We may not have yet reached the bottom for this sector...but still the group by and large is appreciating. Unless these buyers are LONG TERM investors (which I don't believe), we will see a correction come spring or summer according to my crystal ball. :~) , :~(

In this market, SMTL could reach 20 by June if people continue to throw money into the group while ignoring the lowering book to bill and SEA problems that will keep earnings down till late this year to next year. But, who knows, maybe Thompson will sell out to NVLS?

Just one man's opinion....SemiBull
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