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Technology Stocks : Semiconductor Packaging (SEMX) -- Ignore unavailable to you. Want to Upgrade?


To: BulbaMan who wrote (460)2/20/2000 10:31:00 PM
From: bluejeans  Respond to of 545
 
Thanks for the info. Did they do this on the books only or also in their tax return?



To: BulbaMan who wrote (460)2/20/2000 10:35:00 PM
From: BulbaMan  Read Replies (2) | Respond to of 545
 
Like SEMX, SCON (Superconductor Technologies) supplies the rapidly expanding wireless base station market. But SCON is still losing lots of money and its revenues for the first three quarters of 1999 were only $4.9 million. Yet, based on the growth potential of the wireless market, a relatively small order from a customer and a favorable article in TheStreet.Com, SCON's stock price soared from about $5 a share in early January to a high of $45 a share last week (although it fell back substantially on Friday, it still closed at $32). Given that SEMX is already making money on its wireless products and in Q4 1999 SEMX's revenues of $16.2 million were more than triple SCON's latest reported 9 month revenues, once SEMX gets discovered my guess is its stock price should do as well as SCON's did.
SEMX should get some decent exposure at the upcoming Cruttenden Roth Growth Stock Conference next week. SEMX is scheduled to appear on Wednesday, 2/23, at 10:30 am (EST).
Would appreciate other opinions on SEMX.