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Technology Stocks : GALTECH SEMICONDUCTOR MATERIALS CORP. (GTSM) -- Ignore unavailable to you. Want to Upgrade?

To: CB who wrote (160)	3/19/1998 12:45:00 AM
From: John Volke	Read Replies (3) \| Respond to of 394

CB Accumulating is what I am doing also. This company has low overhead and they will be operating on about a 70 % profit margin with the six employees required. They have a product that is far superior than any competition . When you see some sales figures within the next 30 to 60 I think you will be shocked. Take a look at symbol iivi as a comparison they have 450 employees and 50 million in sales with a PE of 24 . Galtech is expected to do about 10 million by year end. If they can deliver on this you should have a nice EPS and I think between $ 5 and $10 is easily obtainable. A pull back will probably happen now as there is no news and the people in for a quick buck will become impatient and sell. This will happen on low volume as the people who control the majority of the float are long term .(IMO) good luck, John