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Technology Stocks : Speedfam [SFAM] Lovers Unite !

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To: Gary105 who wrote (3122)7/23/1998 11:24:00 AM
From: Winston Nelson  Read Replies (2) of 3736
 
Bad news is lurking in the background for SFAM. They have slowed production in anticipation of order push-outs and a high visibility customer cancellation. This stock will drift towards the low teens in the next few weeks. Buy in the 10 to 11 range, great opportunity at that point.
Asian customers will impact more than what is company is currently stating. Management shakeout recently was due to not preparing for this slowdown. Any time management is shifted so dramatically, never bodes well for a company IMHO.
Buy at much lower levels.

Cheers! Winston
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