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Technology Stocks : Aehr Test Systems (AEHR) -- Ignore unavailable to you. Want to Upgrade?


To: DD™ who wrote (55)12/14/1997 8:35:00 PM
From: ccryder  Read Replies (4) | Respond to of 128
 
Granted the burn in equipment market is not a growth industry. But the company has a new type of product, a combination burn-in and mid-range tester. So they should gain market share. In that sense, the only way any of the fab equipment mfgrs can grow earnings is though market share, and the ever increasing cost and capability of their machines. So the company should do very well. The stock is another question. The company will have to prove its self, I think. The stock at the IPO price was fully valued. The runup to about 24 was hype driven and the market has punished the stock. Well, it looks like the specialists and his buddies picked up about 1 million shares the other day at bargain prices. They will be for sale next summer at a 100 percent markup. I'm not enough of a contrarian or Ney follower to take advantage of todays prices. Right now I am just sick of this stock.