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


To: Proud_Infidel who wrote (757)2/17/2000 8:26:00 PM
From: Jerome  Respond to of 1070
 
I 've viewed EGLS as my stealth stock. While AMAT continues to amaze and outrun LRCX, NVLS,and KLAC, EGLS has been no slouch.

siliconinvestor.com

I used the 50 day chart because I feel that short term trends are more useful to option traders as myself. Plus the first of this year is when things really got interesting in this sector. (it never was boring)

When the BTB comes out next week and if the back end is as strong as last month I would expect EGLS and KLIC to move upward. I don't believe in target prices, because it tends to make a fool of the predictor. But the trend is up and I expect it to continue.

Any thoughts on the matter appreciated.

Jerome