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Technology Stocks : ELECTROGLAS -- How far can it go? -- Ignore unavailable to you. Want to Upgrade?

To: Proud_Infidel who wrote (740)	1/28/2000 6:52:00 PM
From: EACarl	Read Replies (1) \| Respond to of 1070

OK already!!! Enough "buying opportunities" at $29. If EGLS had the sector standard Y2K P/E of 30+ this stock would be at $60 +. I realize the NASDAQ and the semi-equip sector got hit bad today, and EGLS didn't , but hey, we were up to almost $33 earlier, and based on the upgrade, and the upward earnings estimate revision, there was certainly good reason to stay there. There sure is a huge difference in the sector on valuations. Even some of the companies that have strong finances, great earnings, great earnings growth get half the forward P/E. The truly great values IMHO are , EGLS, COHU, KLIC. Perhaps they have not had time to catch up to their proper valuation yet, and the current weak market has hampered the effort. Regards, Eric.