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.

Technology Stocks : Cerprobe (CRPB) -- Ignore unavailable to you. Want to Upgrade?

To: raefon who wrote (132)	3/18/1998 3:42:00 AM
From: Herschel Rubin	Respond to of 201

Raefon, Yes, CRPB has been trading poorly. I have also taken note of the insider selling. It strikes me as kind of strange that insiders were selling into all the good PR generated from the Investor Relations tour (New York, London, and in AZ recently). They were able to hype the stock up to $22, but as enthusiasm waned, so did volume, etc. Now we're looking at $18. I'm currently not in CRPB (though I have owned it twice before and I've spoken with Randy Buness, CFO) but I think it's an excellent company. I like its client diversification - it's not simply dependent on the DRAM/SRAM market as Micron is, for example. However, because there doesn't seem to be a lot of buyers stepping up to the plate as we drift down, another news shock could bring CRPB down to even more reasonable levels, say $16-$17ish. Today's shock to the semiconductor industry was Micron. I would expect we shall see other pre-announcements that may dent the semiconductor sector in the next few weeks: Maybe KLAC or Applied Materials. Most of the other semiconductor issues have been showing lackluster volume recently. What do you envision as a bearish stimulus for the semiconductor sector (or the market in general) as Q1 comes to a close? KLAC, AMAT, or ? I've read your prior posts and they are good (note your prediction a few weeks ago that there would be another chance to buy CRPB in the high teens). Herschel I don't have anything to add to your comments about how "good" business is. Would appreciate any input from others. P.S. This thread is way quiet, but as is the case with most others, it seems to perk up around each earnings release.

To: raefon who wrote (132)	3/18/1998 2:04:00 PM
From: Zainul Hamza	Read Replies (1) \| Respond to of 201

Hi Raefon, I have decided to stay away from CERPROBE for now. I might be interested if due to any bad news, the stock drops into the 12-14 range. Presently, I own Tellabs (TLAB), a growth stock and in just three months it has appreciated 30% for me. This company is located in my neighborhood and 10,000 invested in this stock in 1993 would have grown to 330,000. I finally bought it and I am glad I did. Do you have any thoughts on two other companies that I like and I am following? The name is Speedfan (SFAM) and Smart Modular (SMOD). I am not sure on when to initiate a position. They have both dropped a lot and the PE ratio is good for both. Hope to hear from you.