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Technology Stocks : Etec Systems moving up
ETEC 0.1500.0%Sep 8 5:00 PM EST

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To: Sparky65 who wrote (973)6/1/1998 3:17:00 PM
From: Ian@SI  Read Replies (1) of 1279
 
Sparky,

At 30, ETEC would still be selling at more than double the 5 year lows for P/E, P/Book, P/Sales and P/Cash Flow. To answer your question, it has traded at a much lower price in the past.

Given that its return on equity (20.2%) is at an all time low, there's no reason to believe that ETEC will be immune should the Semi Equipment sector selloff continue.

FWIW,
Ian.
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