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Technology Stocks : American Xtal Technology, Inc. (AXTI) -- Ignore unavailable to you. Want to Upgrade?

To: John Finley who wrote (198)	3/1/2001 7:11:35 PM
From: kinkblot	Read Replies (1) \| Respond to of 290

A high beta stock rebounding from a slow-motion crash? February was the third largest monthly decline ever for the Nasdaq: worldlyinvestor.com Four of the ten worst have occurred in the last twelve months. I have beta for AXTI versus the Nasdaq Composite of about 1.8, using weekly data for the last two years. It may be slightly different for daily data, but I don't buy Market Guide's number of 0.43 versus the S&P 500. That smells like garbage in, garbage out. <g> It looks like your buying turned the tide. Welcome aboard! WT

To: John Finley who wrote (198)	3/1/2001 8:26:39 PM
From: trilobyte	Read Replies (2) \| Respond to of 290

good entry point on AXTI! I increased my position by 35% just a little bit too early 2 days ago at 25. Should be a good entry point for the long term holder. I didn't sell any of my symantec though, but used my margin... (which now stands at a low 25%, close to the max it's ever been). Been snapping up QCOM@57 today, RFMD@11, TQNT@22 (too early) and SAWS@16 3/4. We'll see, but these stocks look awfully cheap, especially since 3G is coming sooner (or later according to Irwin!). Might nibble at ORCL but I doubt we'll see a panic sell-off tomorrow i.e. I think it will open higher than the after hour 16-17$ range. Good luck, Trilobyte