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Technology Stocks : AMSY

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To: AE who wrote (152)6/17/1998 10:20:00 AM
From: Teak Min  Read Replies (2) of 166
 
Sure AMS is lacking the industry and thats why I'm bullish. I believe the board of directors are taking measure to make sure they meet or beat earnings since the stock plunge a year ago. AMS has a hugh ego and doesn't like negative news about them. They pride on themselves as a high quality company and a growing one. I heard that management got a shake up about 2 quarters ago and we should see some results. Because we hit 30 several times, I feel that we should be there again right before earnings are out. Then, I'm estimating AMS will meet or slightly beat earnings and take a 2 point leap and for several days go up in the mid 30s. BUT I do feel that it won't stay there for long. This is just a gut feeling, I could be totally incorrect but there's nothing wrong with hoping. Unfortuantely I don't have anything to back up my theory about the price, just something I think AMS will be in mid July. If I'm wrong, it's only money!
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