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.

Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: Tom Trader who wrote (26744)	10/23/1997 2:32:00 PM
From: Suresh	Read Replies (1) \| Respond to of 58727

Big guys seems to be buying lot of MOT nov series put's. BTW, Freere (??) was interviewed today and he has turned bearish and currently ranked 14th on the timer digest poll. Regards, Suresh

To: Tom Trader who wrote (26744)	10/23/1997 2:48:00 PM
From: Autumn Henry	Respond to of 58727

John Luker, WLA should be a dead duck......disappointed 2 cents below today and is at a high.....and with this market. Autumn Should have mentioned it at 2 points down. But l0 points (one of those swing stocks) should be EZ.......it is 4 now......ASMLF is 7 points today toward it's monthly swing allotment of l0......:)

To: Tom Trader who wrote (26744)	10/23/1997 3:02:00 PM
From: donald sew	Read Replies (1) \| Respond to of 58727

Tom, Right now the Dow is down 190, and I do believe that we will see a rally either today or tomorrow. Technically the divergences between the the bonds and the market is just too great, and one of them has to give. I am leaning toward the stock market giving in to the divergence meaning that it will move up

To: Tom Trader who wrote (26744)	10/23/1997 3:59:00 PM
From: Joel R. Phillips	Respond to of 58727

Tom, At 2x book, 2x sales, 15x next years eps estimates, valuation is reasonable relative to market and the rest of the semi equipment sector. Excellent balance sheet (no debt and over $6/share in cash). Continued strength in test equipment demand should continue to drive purchases of wafer probers where EGLS holds a dominant market position. Revenue growth cannot match the last few quarters but there is room for continued improvement in net margins. Semi equipment sector is a collection of falling knives now, questions of support are moot so time frame must be past the spectre of a mid-'98 equipment mini-trough and/or until AMAT gives the go-ahead with positive forward-looking statements for continued equipment demand. Possibly support in the $15 range if you press me for a number. On the upside, $35-40 is certainly possible in 6-18 months. Also, gotta like stocks that trade up on a major down day. --joel