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Technology Stocks : Credence (CMOS): Anyone out there

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To: gerald tseng who wrote (60)12/4/1996 8:36:00 PM
From: William L. Molair II   of 497
 
Not sure what is going on. I do know :

1.) Earnings come out tomorrow. Anyone know if they will be released before the market closes?

2.) Smith Barney raised CMOS to a 1H from a 2H on 11/22/96. Stock was trading at 17 3/8 and they set a price target of $25.

3.) AMAT's announcement a few weeks back.

4.) Rumors of a big order being placed by Lucent.

5.) Small market cap.

My guess is a bunch of folks wanted to get into the stock before earnings were announced. Predict the stock will trade down after
earnings are announced (buy the rumor, sell the news). Hope I'm wrong!!!
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