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Technology Stocks : Tower Semiconductor -- Ignore unavailable to you. Want to Upgrade?


To: DD™ who wrote (637)12/15/1997 11:42:00 PM
From: virgil vancleave  Read Replies (2) | Respond to of 1853
 
just noticed we made the new lows list for today. funny how fast the tide turns. we are trading down with some of the companies who make no money. are we missing something here. seems people have left this one for dead. looking at the past few years of revs and earnings, tower is far from dead and have customers (according to website) like nsm, mot, hewlett, alcatel and others which are familiar. also says they make dsp's, which is a profitable area at present.
don't know if i will get the bottom but it is just too compelling a valuation here. even with depressed earnings it is trading well below a p/e of 10 and a psr of <1. oh yea, essentially no debt and book value >10. only time will tell. good luck