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Technology Stocks : ADE Corp.

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To: Bruce L who wrote (272)7/5/1998 4:28:00 PM
From: robert b furman  Read Replies (1) of 346
 
This thread is way too quiet ! One time charges erased a give or take breakeven quarter.All in all with business being lousy within this sector a breakeven with the company being conservative and giving stockholders a profit/loss statement that doesn't sugarcoat what is a tough quarter - seems O K to me.

What I liked the best is the way the stock held up.Look around there are stocks getting taken to the woodshed for missing by a penny.

This indicates to me that ADEX is in a botomfeeders range. Up on poor earnings means it has no where else to go.

IMHO we will have to spend some time here wearing out the nerves of those who are not accumulators of this bargain.I will not be surprised to test past lows in the next quarter's preannouncement period .

Then I hope Wallstreet will do what it does best - Anticipate the turnaround.
It will be then that we wished we were given one more time to accumulate these great stocks at value play prices!

Hold with confidence ! Investing is not easy ! The 300 -400 percent fast price rise is not close but it is nearing on the horizon!

BWDIK

Bob
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