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Technology Stocks : Etec Systems moving up -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (975)6/1/1998 4:23:00 PM
From: Ian@SI  Read Replies (1) | Respond to of 1279
 
Bob,

Generally agree. The bottom may be when the former bulls reject the stock and the sector.

re: More to come.

Almost certainly. In another 2 weeks, we'll be at the peak of earnings warning season. The real question is whether to buy then or await tax loss selling season.

What probability do you assign to a bottom occurring this summer, December or this year?

Ian.



To: robert b furman who wrote (975)6/19/1998 1:36:00 PM
From: Henry D  Read Replies (3) | Respond to of 1279
 
Robert,

I think ETEC book value is around $10, would you consider it a bargain at $20 a share with its estimate eps $2-3? I am looking to establish a position. I notice ETEC still has a lot of analysts with "strong buy". I am waiting for any preannouncements or downgrade before i buy in.

i dont think we will hit $20, so i might buy at $25.