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Technology Stocks : Watkins-Johnson

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To: Marc Wester who wrote (39)1/29/1997 4:59:00 PM
From: van wang   of 75
 
James + Marc...WJ suffers from lack of coverage...its too small in all business that matter to investors (semi and telecom)

I think we have 2 Qs of straddling...because thats when future capital investment in semi equipment can be visible....1998 will be more important to WJ with upgrade to 300mm...telecom is longer time frame...but both areas have good prospects...so if u are LT investor and love compounding and tax saving effects this is it

but in the next Q look for top side to be 29-32 (max)...most likely range cud be 22-27...but its not that gud as a trading vehicle...just sell calls on pop to enhance revenues

all the best
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