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Technology Stocks : Azenta
AZTA 34.50-0.2%Dec 18 4:00 PM EST

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To: Ian@SI who wrote (469)2/9/1999 2:54:00 PM
From: BMcV  Read Replies (1) of 1138
 
Anyone else amazed at BRKS's steady strength? New high today at 26 3/8. As I write someone just bought 10,000 at the ask, 26 1/8, at 2:45:57 PM. Currently offered 26 - 26 1/8.

Lightened up around 21 in anticipation of the pullback that never came.

Merrill, of course, did the secondary offering a year ago last August. It came around 30-35, and the stock promptly tanked. But it did leave BRKS cash-rich for the downturn, which no doubt supported the stock last year.

Like that Novellus is becoming a bigger customer. BRKS has been knocked in the past for overdependence on LAM Research.
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