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 3:32:00 PM
From: Sparky65	of 1279

Boy, if ETEC hit $25 that would be huge buy. Even if ETEC was to only earn $2 a share next year (EPS is at $2.83) with a PE of 20, your looking at $40 a share. You can try to guess the bottom like I did at $36 in Dec., only to see it go to $65. Or, you can not be greedy and buy it today at $29 where many would argue that the stock is already very cheap. Incidentally, It has passed its 12 month low ($30 1/2). Also, if Japan gets things in shape, which I believe they will then the semi stocks will rebound some and probably will rest for a little before the next big ride up which I believe will start late summer.

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