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Technology Stocks : Speedfam [SFAM] Lovers Unite ! -- Ignore unavailable to you. Want to Upgrade?


To: w0z who wrote (3545)3/23/2000 10:45:00 PM
From: Jerome  Read Replies (1) | Respond to of 3736
 
Earnings, the future, and current stock price.

The tanking that SFAM has endured was not warranted. Revenue and margins are getting much better. Orders are being announced. Next quarter looks like .12 cents plus.

Instead of buying the stock I suggest that some option purchases could be in order. The July 17 1/2's can be had for under 7. So if SFAM trades up to and above 24 1/4 by the next earnings report the option is a winner. It closed today about 22 so its not much of a reach from here. If you review the charts for SFAM you will see that there is enough volatility in the stock to exit the option profitably sometime in the next two months.

Good semi companies that get knocked simply on the basis of an earnings report number without reviewing the entire report are the easiest option plays around.

Be warned I take my own advice.

Regards, Jerome