Etec Systems moving up Message Board

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Technology Stocks : Etec Systems moving up

ETEC 0.150

0.0%

Sep 8 5:00 PM EST

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To: Henry D who wrote (991)	6/19/1998 2:28:00 PM
From: Tradewell	Read Replies (1) of 1279

While ETEC is currently trading at a "stupid cheap" valuation, and remains a compelling secular story (demand for mask making equipment has never been stronger), value buyers are not yet ready to step in. They will at some point, and the stock will move up a lot and will do so very quickly, particularly when the momentum investors come back in (which they will). It's a great buy now, but near term, no one cares. That said, with $3.00 in EPS for calender '99, I doubt it goes much lower.

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