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Technology Stocks : FSII - The Worst is Over? -- Ignore unavailable to you. Want to Upgrade?


To: Joe Dancy who wrote (1854)4/2/1998 11:00:00 PM
From: Donald Wennerstrom  Read Replies (1) | Respond to of 2754
 
Sort of a mixed bag. The estimates for growth have gone way down, but still some growth remains. There are "pockets" of growth spread throughout the regions of the world where reduced spending is prevalent.

Looking at the charts for the last 2 days, something happened to make many semi-equip stocks jump in price. FSII did it today. I couldn't find any news to account for the jump.

I saw where IMSC got "hammered" today because of a prediction of reduced revenues and profits ahead. Then after the market closed, KLIC announced a large order cancellation which will cause a loss for the quarter. Probably be a big down day for them tomorrow. The full story is at:

biz.yahoo.com

Regards, Don W.