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Technology Stocks : Newport Corp.NEWP...lasers..semi..mfg...equipment.. -- Ignore unavailable to you. Want to Upgrade?


To: D.Austin who wrote (166)9/7/2001 10:14:05 AM
From: All Mtn Ski  Read Replies (1) | Respond to of 174
 
D.Austin,

NEWP is cheap in an FA basis, IMHO and I don't think it will see sub $10 prices. There probably is no hurry to get into NEWP, because it is unlikely to run away from us. But NEWP today is a stronger company that it was 5 years ago, that makes a difference. Its valuations are low, and I will be in Lake Powell for all of next week, with no access to a phone, so I decided to jump in with a 1/2 position, which I will round up near book, or $12, with a GTC for next week. With the market losing 2%-3% a day, the end could be near, IMHO.

Tom



To: D.Austin who wrote (166)9/7/2001 5:39:18 PM
From: techanalyst1  Read Replies (1) | Respond to of 174
 
Newp does make money. (so far anyway it's not in the cash burn mode). Do you think that fair value is less than the cash that it has on hand in light of that?

TA