Etec Systems moving up Message Board

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Technology Stocks : Etec Systems moving up

ETEC 0.150

0.0%

Sep 8 5:00 PM EST

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To: Sparky65 who wrote (1158)	1/30/1999 11:51:00 AM
From: Jerome	Read Replies (1) of 1279

<<Can someone please inform me as to why this company is trading at such a discount >>We are now in suspended animation until the earnings and outlook report comes out. ETEC is not as well known as AMAT and KLAC. In fact ETEC sounds more like a sewing machine company. I belive that historically ETEC trades at a premium to AMAT. Others on this thread are more knowledgeable about that. If the assumption were made that over any given period of time all things eventually revert to the norm, then ETEC will again trade at a premium to AMAT. If a few weeks we will know. Currently I'm debating wheather to buy options on ETEC or just play it safe and buy more of the stock. My plan was to wait until the price of ETEC exceeded the price of AMAT, sell 1/2 of the ETEC and buy AMAT. The spread between ETEC and AMAT narrowed to three points earlier this week and then spread out further. Sorry for rambling on, but on a Saturday morning this is the best I can do. Jerome

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