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Technology Stocks : Silicon Valley Group
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To: SemiBull who wrote (2087)4/23/1999 3:56:00 AM
From: Ritz  Read Replies (2) of 2946
 
Semibull:

Re: I see orders for twenty-one Micrascan units added to SVGI's backlog...and a net backlog of $360,143,000.

Ah, but the question is whether they have the ability to make 21 micrascans in a quarter. Management assurances are not enough. History is not encouraging, and the layoffs last fall can't have helped. The return of orders is, of course, a good sign, but until they show that they can transform their outstanding technology into the volume necessary, this stock remains a Dog. <g>

-Ritz
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