Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Alex Engelgardt who wrote (5161)	2/4/1998 4:49:00 PM
From: Shane Venem	Respond to of 120523

REAL. Small company that manufactures integrated circuit testing equipment. REAL recently announced a plant closure and layoffs after losing Mitsubishi Semiconductor as a customer. biz.yahoo.com REAL took a 30%+ haircut on the news, after being beaten down on Asian worries already. Stock has been basing at about 10 since mid-January, well off it's all-time highs of about 30, and recently 20-21 before October shook up the market. Several days ago I mentioned Orbotech (ORBKF), another company that makes testing equipment. REAL and ORBKF moved in near lock-step down the charts after October. In the last week, ORBKF has rocketed up 42% on heavy volume. Meanwhile, REAL has sat in the basement at 10 on very low volume. With other tech stocks taking off, REAL may have become a relative bargain. P/E is 9 on 98 estimates. I should note that 98 estimates haven't been adjusted at all following the plant closure, so those estimates may need to come down a bit. Company has already announced they will meet or beat estimates due on Feb. 9. Signs of life in the stock today for a change. Up 13% on increasing volume. It may play catch-up here. -Shane