Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : PRI Automation (PRIA) -- Ignore unavailable to you. Want to Upgrade?

To: Proud_Infidel who wrote (993)	9/12/2000 9:55:14 PM
From: Ian@SI	Read Replies (1) \| Respond to of 1214

Cosmo Trapani (PRIA's CFO) talks about the TurboStocker issues... on24.com

To: Proud_Infidel who wrote (993)	9/12/2000 10:59:35 PM
From: Q.	Read Replies (1) \| Respond to of 1214

They are basically the AMAT of the automation sector I don't remember hearing an AMAT cc that was anything like yesterday's PRIA cc. Maybe I'm being a little harsh here. AMAT has lots more product lines, and is therefore less vulnerable to a setback from a single product. Just the same, paying attention only to the tone of a cc, and the perception it created in my mind of management sleeping at the wheel while this problem grew, I just can't think of anything close that I've heard from AMAT. I still own a little PRIA. 25% less than yesterday. I sold shares that I had bought Friday, when I thought I was getting a beaten-down bargain. PRIA was more beaten down than most stocks in the sector. Not sure whether PRIA is a bargain now. If this 200 mm cycle peters out in 2001, PRIA's margins might not recover in time to make much money. Earnings, I mean. Top line revenue growth might recover while earnings twist in the wind due to bad margins from manufacturing problems.