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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?


To: Joe Dancy who wrote (5350)5/8/1998 6:38:00 PM
From: jtechkid  Read Replies (1) | Respond to of 10921
 
MY FAVORITE IS TOWER SEMICONDUCTOR(TSEMF) trades at 8.5 -12.50 book value, 6 dollers a share in cash. its very interesting because their based in israel and they have been public discussions about them building a billion doller fab with the government of israel giving them a 250million free grant. if you remember intel built a billion doller plant in israel and the government gave them over 300 million for free. the key with tower is their a FAB SEMI -build chip for other companies but they just started developing their own technology that carries margins 20% higher than their current business. i think its going lower with rest of the semi's but i bought it in 1996 around 7 or around cash and last year it earned 1.45 and went to 23. in 1995 the company stock hit 36 during that uptrend.. on a valuation method it cheaper than most semi's in regards to balance sheets and i believe if their succesful in their new flash technology this stock could become mid cap player and hit 40-60 by the year 2000.