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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: John Miz who wrote (55783)8/13/1999 10:27:00 AM
From: Jenna  Read Replies (3) | Respond to of 120523
 
<<ALERT #1, 3, 4, 5, 6, 7(turnaround chart)8,10 and 11 today's watch list triggered buys>> SFA fourth consecutive up day since called. I really like NXCD, and NPNT. Oh great look at PHCM.. in this market down over 3 7/8. I saw the writing on the wall when everything was moving up after the gap and PHCM started moving down...NDB +11% yesterday + another 6.8% today. LTXX is a hold..I have small stocks like those, RIMM, ITN, FRNT, I'm very conservative with intermediate holds. Sold IMNX (he did not want me to) left him with 300.



To: John Miz who wrote (55783)10/21/1999 10:17:00 AM
From: John Miz  Respond to of 120523
 
Great earnings from a Semi-Equip manufacturer...Beat estimates by 12 cents...(EGLS) Electroglas,,,,undiscovered gem.

biz.yahoo.com

SANTA CLARA, Calif.--(BUSINESS WIRE)--Oct. 21,
1999--Electroglas, Inc. (Nasdaq:EGLS - news) reported operating
results for its third quarter ended September 30, 1999.

For the third quarter 1999, revenues were $34.7 million, up 17% from the immediate prior quarter and up
54% from the same period last year. Net income was $3.6 million, or $.18 per diluted share. This
compared with net income of $1.1 million, or $.05 per diluted share, reported in the immediate prior
quarter, and a net loss of $5.7 million, or $.30 loss per share, for the same period last year.

During the quarter, the Company met the covenants and no longer was required to collateralize the
financing of its new site construction project. At the end of the quarter, the Company had $133.2 million
in total cash, up $12 million from the immediate prior quarter.

''The third quarter was a solid one for Electroglas,'' commented Curt Wozniak, CEO. ''Business activity
was strong through the quarter as semiconductor companies ramped up production and reached high
levels of capacity utilization. Bookings reached $41.4 million, a 21% increase from the last quarter and a
140% increase from the same quarter last year. Our book-to-bill ratio remained solid at 1.19, giving us
increased backlog and good visibility into the fourth quarter. We are pleased to report that the recent
earthquake in Taiwan did not impact Electroglas probers, and customers reported coming back on line as
soon as power was restored.

''Also exciting for us was the introduction of several new products at the Semicon/WEST show in July,''
continued Wozniak. ''The EG4|200 prober for the 200mm wafer size market has industry leading Z force
and minimal deflection for advanced 'system on chip' applications. The EG5|300 is an entirely new
platform and architecture to take probing technology into the 300mm wafer size era. Both machines are
targeted to be shipping in the first part of 2000. In addition, we completed development and are shipping
the latest release of Knights Technology Yield Manager, Release 3.5. We were also very pleased that we
signed a multi-year, multi-million dollar purchase agreement for Knights Cad-Nav navigation software for
failure analysis labs with a major semiconductor manufacturer.

''On the manufacturing front, to enable Electroglas to have greater flexibility and leverage to meet rapidly
changing customer demand, we initiated a restructuring of our manufacturing operation. For the last
couple of years we have focused on developing 'lean' or 'just-in-time' manufacturing techniques to
improve quality, inventory utilization and cycle time. In the third quarter, we also completed an asset sale
of our sub-assembly and machine shop operations to Sanmina Corporation, a major company specializing
in contract manufacturing services. We are very excited to enter this partnership with Sanmina to enable
greater flexibility and purchasing leverage in our assembly operations. Our asset utilization, on-time
delivery and quality all indicate we are at industry-leading levels in our prober manufacturing operations,''
concluded Wozniak.