To: Mike Buckley who wrote (23107 ) 4/20/2000 7:10:00 AM From: erickerickson Respond to
Would I buy now? Not without a lot more convincing evidence that they were growing. When I was looking at them, sales were not increasing fast enough to be seriously interested. in retrospect, I'm not even sure I was looking at Q/Q sales as a major factor. ICGN was always going to be big, it was never actually growing quickly.already been overcome if the Q/Q sales figures were going through the roof. That is, enough folks would have installed these units to convince the rest of the customers that the technology had enough advantages. Until that point, it was too early. One difference between this kind of industry and tech is that the cycle is much longer and going after shiny pebbles isn't worth it. Whereas in tech you can miss out on major moves by being off a quarter or two (and thus, I think, the attraction some of us have for shiny pebbles), in capital equipment circles you might be able to miss by a year or more and still not miss out on too much.
