Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?

To: LiamCK who wrote (12063)	2/17/2000 9:52:00 PM
From: SJS	Respond to of 14427

Superconductors, anyone? PS: My .02 on a tertiary play? One of my favorites: HELX (cryogenic technology). ______________ The hot money is steadily making its way down the wireless food chain. The latest band of stocks to benefit from this industry fixation fall into the Electronic Instruments & Controls Manufacturers category. Santa Barbara, CA-based Superconductor Technologies Inc. (SCON 40 1/8 +9 1/4) has piloted the advance over the past two sessions, rallying as much as 250% from its Tuesday closing price of $13.125. Run in stock was set in motion yesterday by announcement that company received purchase orders for 27 SuperFilter Systems from a cellular service provider. In a placid market, announcement maybe good for a one point increase in the stock. But with Russell rallying (+10.3% year-to-date) and investors/traders beating the bushes for the next Qualcomm (QCOM) or Puma Tech (PUMA), news has been good for a $210 mln bolt in SCON's market capitalization over the past two sessions. The run in Superconductor Tech has attracted attention to the group as a whole, contributing to advances in the shares of competitors Conductus (CDTS 31 5/8 +3 7/8) and American Superconductor (AMSC 41 15/16 +5 5/8), ferrying both issues to new 52-week highs. Even bulletin board traded stock, Illinois Superconductor (ISCO 8 7/8 +2 13/64), has benefitted from the momentum... Superconductor Tech designs subsystems that incorporate high-temperature superconducting materials and cryogenic technologies. The company's primary product line, the SuperFilter system, is a front-end filter and amplifier system designed to improve the performance of wireless telecommunications base stations. In August 1999, the company entered into a long-term sales agreement with cellular systems company United States Cellular (USM) for a minimum purchase of 100 SuperFilter systems by December 31, 2000. SCON anticipates U.S. Cellular purchasing a minimum of an additional 400 SuperFilter systems by August 27, 2004... Earnings estimates not available, as no analysts follow the stock