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Technology Stocks : Credence (CMOS): Anyone out there

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To: William L. Molair II who wrote (128)2/13/1997 8:51:00 AM
From: Brad Rogers   of 497
 
oh well, guess i was off. indicated 18 5/8 to 3/4. Who knows. These chips don't necessarily go down as much on weak earnings. Excluding the extraordinary item (the 7 cents inventory charge), eps was 12 cents, 3 cents below; backlog was up and they see industry conditions improving. I'm disappointed, too, but I think this thing will open in the 18s.
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