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Strategies & Market Trends : Underexposed Technical Analysis -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (469)	9/1/2019 5:00:59 PM
From: Underexposed	Respond to of 914

Hi Robert, Fundamental analysis is aged and not relevant. I agree with that statement that is why I place more credence in Technical Analysis. However, I get curious as to why there is a sudden drop in share price and it does not happen out of the blue and when I find discussions about year over year and quarter over quarter changes in revenue, I am sure that investors view this negatively and bail in this trading climate. Then you have the disputes between the USA and China over micro-chips and hi-tech component sales in China I am sure that this must have had an effect on investors. In the end of July BRKS sold off their Cryo unit to Apco for 675 million. That money was used to pay off all debt except 50 million - which is offset by 50 million retained of cash. They are virtually debt free on the balance sheet. Where do you find out this? I have searched their website news going back to January/19 and cannot find any reference to this sale. I can find this reference Aug 27, 2018 - (Nasdaq: BRKS) today announced that it has entered into a definitive agreement to sell its semiconductor cryogenics business to Edwards Vacuum LLC (a member of the Atlas Copco Group) for $675 million in cash. The semiconductor cryogenics business, consisting of the CTI and .. but that was over a year ago... surely this payment would would have shown up on their balance sheet by now if they were debt free....or am I missing something here? I admit I am weak in this area and have limited resources so I might have made a mistake. I have not said this is a bad company... but at this point it would be only a watch for me. If they continue their climb and deal with resistances ahead AND clear the Ichimoku clouds... I would consider it for purchase but that will be a ways away timewise it will not rebound as fast as it fell IMHO UE