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Technology Stocks : Intevac (IVAC) !! A great takeover candidate??? -- Ignore unavailable to you. Want to Upgrade?

To: Dale Stempson who wrote (285)	1/14/1998 6:02:00 PM
From: Paul Viapiano	Read Replies (1) \| Respond to of 365

Even though the last few days performance has been disappointing, there WAS a 16,000 share buy near the close. Paul

To: Dale Stempson who wrote (285)	1/15/1998 6:24:00 PM
From: Kibby	Read Replies (1) \| Respond to of 365

thanks for the recap of the announcement. I had forgot that they had pre announced. I wonder why these companies such as HMTT and wdc are still trading on pe's of less than 10!! The glut seems to be ending and the demand seems to be increasing.(discs) Sure wdc might have suppressed profits due to price wars but the manufacuters of discs and the machines used to make them , will keep profits up as sales continue to grow dispropotionate to their PE's (IVAC still has a 70%market share of the single disc sputtering systems) Things look pretty strong for this small cap. Hopefully, the rest of the disc drive industry will be viewed as having a bright future, which it looks as though they do. Intevac, being at the beginning of the food chain, might be the first to start moving. More machines, more high capacity discs, more drives, off we go. k