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Technology Stocks : SEMITOOL (SMTL):Is it a hold? -- Ignore unavailable to you. Want to Upgrade?

To: SemiBull who wrote (676)	4/21/1998 5:01:00 PM
From: Captain Jack	Respond to of 973

Semi--- I am a trader (not a DAYtrader) and hold little for the long term. All issues bought on spec have an automatic -20% sell order. We can be too early or dead wrong--- the 20% rule allows me to come back in if it was a too early jump. I hope to see 16+ by fall and a drop from there is easy to take and hold with. A little good news and decent earnings this qtr (no record breaker ,,, just meet expecs) and we could see more than 16 by summer. At 16 I will sell my original investment the profit will remain in SMTL in an IRA account. I see the possibility of a great story here if just one major house initiates coverage with a buy. I hope the 20% downside does not happen as this could be a great IRA buy----