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Technology Stocks : PHTN--Photon Dynamics, anyone follow this company
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To: Warpfactor who wrote (747)3/26/1999 8:29:00 PM
From: Jerome  Read Replies (2) of 930
 
Warpfactor, I believe that the factor of a good earnings report is the nice price rise today. PHTN's book to bill is about 3. On Tuesday if the uptrend continues, it would be a confirmation. What we are seeing is a separation of companies that are likely to beat expectations vs those that are still showing quarterly losses. Of the teck stocks that I own only LTXX, PHTN, and ETEC are expectected to have solid earnings and a good order book. Remember three months ago, when these companies were blaming SEA for the poor results, PHTN was expanding oiperations there. Phtn could rise 40 to 50% long before AMAT and KLAC based on their order book and outlook. Just my opinion. I've been wrong before and have a couple of ex-wives to verify it. Good luch next week.

Jerome
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