Thermo Electron (TMO) Message Board

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Technology Stocks : Thermo Electron (TMO)

TMO 566.12

-0.3%

Nov 6 3:59 PM EST

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To: Scott Ferguson who wrote (304)	8/24/1998 8:31:00 PM
From: John Hayman	of 450

Scott, Well, I hate to see anyone lose money. For now I would stick around and see what happens. The company is making money like you said, but the story has changed. It may take 6-12 months for a positive move, but you appear to be a long term investor. I don't like to average down myself, but you may want to start thinking about that if the new plans start to look ok. Most long term investors like to buy good companies when they stumble. Well, if that philosophy is correct, this may be that situation. Lets keep checking around and see what is developing, maybe something good will come of it all. With all the cash TMO is sitting on, I would think they have a plan for that. Buyback for sure, but maybe a big acquisition in the wind! Hang in there for now and keep up with the developments. later, John

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