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Technology Stocks : THREE FIVE SYSTEM (TFS) - up from here? -- Ignore unavailable to you. Want to Upgrade?


To: Noblesse Oblige who wrote (746)1/14/1998 2:21:00 PM
From: Doug Meetmer  Respond to of 3247
 
N.O.,

IMHO, when the preannounced production orders turn into
actual revenues on an earnings report, we will have the
attention of the street. It would appear to me that the stock
is still being discounted for a number of reasons, one of which
is likely continued dependence on Motorola and the inherent
risk therein (brings back bad memories).

OTOH, there is nothing like some good old fashioned explosive
earnings to move a stock.

Therefore, I believe that even though TFS has preannounced orders I believe the street is taking a "wait and see" attitude.I don't think it
will take more than one or two earnings reports showing 30%+
bottom line growth for the street to catch on.



To: Noblesse Oblige who wrote (746)1/14/1998 3:24:00 PM
From: Jim Armstrong  Read Replies (1) | Respond to of 3247
 
Yeh, I've noticed that steady drumbeat of additional contracts from a more diverse customer set. It's gotta be good. At some point, it's gotta have a positive impact on the stock price as well.

Have you observed the stock to be historically unusually sensitive to the market mood towards the tech stocks? JimA