Thermo Electron (TMO) Message Board

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Technology Stocks : Thermo Electron (TMO)

TMO 567.84

+0.4%

Nov 5 3:59 PM EST

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To: Miles Rhyne Hoffman, CFA who wrote ()	7/21/1998 6:49:00 PM
From: CaptainBlood	Read Replies (1) of 450

TMO -- DON'T THROW THE BABY OUT WITH THE BATHWATER There are several issues at hand. Most importantly, TMO is shifting their focus towards current operations and away from stock gains. This is their core business and will help clarify their strategy moving forward. I see this as a long term positive. Secondly, the earnings shortfall at TMQ, THI, AND TMO. According to a company spokesperson, the shortfall is a result of a delay in selling additional shares of Thermo Ecotek and late instrument orders at ThermoQuest. TMO seems to be implying that shares of Thermo Ecotek could be sold at a later date and the orders at ThermoQuest were simply shifted from Q2 to Q3. If these are the only problems, the lost revenue will be made up at a later date and TMO's shareholders are sitting pretty. On the positive side, TMO has 2 billion dollars in cash and is buying back shares of their own company as well as their subsidiaries. TMO must shift their focus from stock gains to solid sequential revenue growth from current operations. In the meantime, I will wait until the dust settles to increase my position. This could be the buying opportunity of the decade.

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