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Technology Stocks : Helix Technology, a cold play on semiconductor equipment -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (1042)	10/11/2002 1:15:38 AM
From: mopgcw	Read Replies (2) \| Respond to of 1227

Bob, These guys have been pretty conservative. Zero debt. pay a dividend every since 1989 -- increased it until 1998 and have lowered as conditions have deteriorated the last few. Would I wish that they did another secondary @ $60 a share instead of the recent one @25? Sure. But hell, the $25 one looks wonderful now (unless you were a buyer at 25!! -- but for us old shareholders, lovely). They have 75 million in the bank now to ride out the storm. In the end this is a conservatively managed company with management that has been straight shooters through it all. I see no reason for them to change at this point. They have 85% market share, and are well known for their customer service and responsiveness. Their work on Goldlink has some potential to broaden their income stream, but too early to call. Their acquisition of granville-philips appears to have been well done. I can't see the demand for their product going away anytime soon either. Thus in my opinion, a matter of finding the right entry price for this company and riding it out. Wish I would have traded out at $30 and back in at $7, but usually my timing sucks; so I am content to be a long term holder collect the dividend on the way. I will probably buy more if it gets closer to book value of $5+. A bunch to stow away for the haul and a trading batch (this time). Clearly, I welcome faults with my analysis so I don't piss away good money. Take care, george