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

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To: SemiBull who wrote (674)4/20/1998 10:44:00 PM
From: Captain Jack  Read Replies (1) of 973
 
Thanks for the response. The sector may do OK in the near and short term... long term I am unsure. If SMTL follows the trend of the sector it should do great. Any talk of a take over should see todays price double in a heartbeat! Earning should be out soon and any positive news there will see it do a little pop. There seem to be a lot of holders from the 21+ range that will not leave for awhile. Now that it is optionable interest may increase and some momentum if things look to go higher....

I jumped in today at 12 and am looking for a slow steady increase-- but also put in a sell order at a 20% drop as I do with nearly all spec issues bought..... From all seen it seems this one just needs some positive news to generate interest and earnings can do that soon

John
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