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Technology Stocks : John, Mike & Tom's Wild World of Stocks -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (1812)	8/23/2000 3:41:22 PM
From: wlheatmoon	Read Replies (1) \| Respond to of 2850

ndx 4000 and dow 1160-70 seems like a serious resistance. market seemed to have hit those spots several times of late with no conviction to rise on through. of course, now that i've opened my big mouth,,,we can rocket on through. -g-

To: John Pitera who wrote (1812)	8/23/2000 3:49:37 PM
From: Logain Ablar	Respond to of 2850

Ho Ho Ho...I've been called worse. NAT - Nordic American Tanker caught my eye when there was a comment in Barrons on the dividend increase from 45 cents to 67 cents a share. They have 3 new (late 97) double hulled Suez tankers (built by Samsung) now on lease to BP (end of 2004). Its a 7 year lease with renew options at BP's discreation. There is a basic lease rate / day and then an additional amount. The basic amount is enough to pay a $1.2 dividned per share. I think the additional amount is tied to the price of oil and somehow available tanker demand (I need to do more research). A Bermuda company listed on AMEX. So risky from that standpoint. Hard to find out information but I did receive a set of quarterly financials recently. LTXX is a chip tester (back end semi equip. co) and their all in one system on a chip tester has been winning orders. I owned them last year and sold @ $20ish and they went much higher. Since then all they have done is increase bookings and sales at a great rate. I listened to the last CC and it was great but the stock sold off like crazy (balance sheet is good too). From memory record sales of $80 million with record bookings of $120M. I missed the bottom @ $15 but since I had some idle cash and earnings are next week. The only negative is next year they will have utilized the NOL carryforward so comparisons will be tought on an earnings basis so I wouldn't own by January. ASYT is a front end FAB automation company. Another one with a great quarter and CC last quarter and the stock tanked. I also owned them last year. Their equipment is necessary for the move to 300mm wafers and they have been winning business. Here management is not so shareholder friendly but I think its still a steal at this level. I'm going on the assumption the summer dolldrums in Europe end next Tuesday (Monday being a holiday in UK anyway) and the semi equips have bottomed. I don't expect to reach the highs already in earlier this year but we can have a 50% move from this level and we can also retrace 50% of the recent move off the bottom. If they retrace I'll free up cash and double my position. Anyway these buys are in my wifes account so they should be good. Its only in my account I pick stocks like WSTL where they may earn 80 cents next year on a pro forma basis but I expect them to reach $40 this fall. Bubble Boy - Product of the Market Mania