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Technology Stocks : Speedfam [SFAM] Lovers Unite ! -- Ignore unavailable to you. Want to Upgrade?


To: TEColeman who wrote (2661)2/4/1998 10:42:00 PM
From: ET  Respond to of 3736
 
thread .... IMO....probably not a takeover story move....my veeco [veco] was up huge also [25 %]......these two stocks in particular have been oversold and a smart fund family probably said lets grab some today, these babies are cheap.....plain and simple.......i liked todays action so much that if you don't mind "i'll have another sir".......



To: TEColeman who wrote (2661)2/4/1998 11:32:00 PM
From: Rob Mannel  Read Replies (2) | Respond to of 3736
 
This could be just one of those run ups where speculators pump up
a stock, then short it. The whole sector had a run up, (although
SFAM was clearly the big winner) and companies like SFAM are a
prime target for such speculators having a low float and low average
daily volume.

I'd be careful not to get carried away with takeover rumors. I
recall one of the company officers saying that they were NOT at
all interested in a buyout a year or so back.

But then again, I could be wrong.

Just my $0.02