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Technology Stocks : GSLI Lumonics -- Ignore unavailable to you. Want to Upgrade?


To: john p. carney who wrote (273)7/31/2000 11:59:53 AM
From: Ram Seetharaman  Read Replies (1) | Respond to of 328
 
It is healthy and turning around today - went over $ 27 again, ahead of earnings on Wednesday!

Last week the GDP number, and NOKIA, ERICSSON warning etc. spooked the techs - they oversold!

GSLI showed a great reentry point, when it touched $ 20 last week!



To: john p. carney who wrote (273)8/4/2000 12:28:46 AM
From: BMcV  Read Replies (1) | Respond to of 328
 
Hey, John, hope you're still around? I bought more last week at 20, felt great when it went to 29 in two days, pretty sick after watching the action today!

Fundamentally, the company still seems very strong. I like the business mix, see a lot of upside in the memory repair machine. And the FO story is starting to convince me, too. At $40-60 million in revenues with two years, that should be worth a healthy valuation boost.

Speaking of seasickness, have you been following ADCT lately? Last week at 48, this morning at 33, close at 42. And that's a big company. The Naz is just crazy right now. We have to live with it.