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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Giordano Bruno who wrote (2281)2/4/1998 6:40:00 PM
From: Giordano Bruno  Respond to of 18691
 
SPEEDFAM UP 6 1/2 Same story... highlites

"The movements today are based on people wanting to get ahead of an
expected turn going on later this year," he said. Walker cautioned,
however, that the arrival of such an upswing "is far from clear."
Still, the analyst said Speedfam is the logical target for a feeding
frenzy among semiconductor stocks, given the thorough trouncing it
received in the selloff.
"The market is looking for companies that are particularly
downtrodden," he said.
A company spokeswoman said she wasn't aware of any material news that
could be driving Speedfam's rally.
-By Justin A. Oppelaar; 201-938-5175
Copyright (c) 1998 Dow Jones & Company, Inc.
All Rights Reserved.