To: PaperChase who wrote (2121 ) 7/24/1998 11:21:00 PM From: Donald Wennerstrom Read Replies (1) | Respond to of 2754
This table is one of my favorites - because I am a masochist at heart.:) As I mentioned about a week ago, Bill O'Neil, publisher of IBD listed in his first article of a series in IBD that the first rule of investing is protecting your capital. When you buy a stock, always set a stop position. If the stock doesn't go up, but goes down, you get stopped out and live to fight another day. I didn't do that when I had the opportunity. Now I am stuck with several stocks that will go up someday, but if I had stopped out, and then bought now, I would have twice as much stock for the same amount of money. Then when the rise comes, as it most certainly will, I would have been in pretty good shape. Now I need a 100 percent gain or better just to get even - let alone make any money. The last several months has been a painful lesson for me. It is probably not over yet either! The bad earnings news is just beginning to roll in. PERCENT 1997 07/24/98 GAIN TO HIGHEST CLOSE PERCENT BREAK SYMBOL COMPANY PRICE PRICE CHANGE EVEN WJ Watkins Johnson 37.25 23.94 -36 56 NANO Nanometrics 13.63 8.25 -39 65 UTEK Ultratech Stepper 34.38 20.38 -41 69 PLAB Photronics 31.38 17.94 -43 75 MASK Align-Rite International 24.00 13.63 -43 76 AMAT Applied Materials 54.00 30.38 -44 78 NVLS Novellus Systems 64.69 36.38 -44 78 ASMLF ASM Lithography Holdings 52.88 27.13 -49 95 ETEC Etec System 67.13 34.38 -49 95 LTXX LTX 8.19 4.00 -51 105 DPMI Dupont Photomasks 72.00 33.00 -54 118 HELX Helix Technology 32.19 14.38 -55 124 TER Teradyne 58.75 24.31 -59 142 IMSC Integrated Measurement Systems 20.00 8.13 -59 146 ATMI ATMI Inc 41.75 16.25 -61 157 SVGI Silicon Valley Group 37.75 14.63 -61 158 SFLX Smartflex Systems 17.50 6.75 -61 159 TGAL Tegal 11.25 4.25 -62 165 COHU Cohu 56.00 21.13 -62 165 FSII FSI International 23.19 8.25 -64 181 EGLS Electroglas 35.25 12.50 -65 182 KLAC KLA Instruments 75.63 26.69 -65 183 PHTN Photon Dynamics 8.38 2.88 -66 191 CMOS Credence Systems 54.13 18.50 -66 193 CYMI Cymer 48.75 16.44 -66 197 MTSN Mattson Technology 16.00 5.38 -66 197 MICN Micrion 27.50 8.75 -68 214 VECO Veeco Instruments 72.50 22.75 -69 219 GSNX Gasonics 23.06 7.19 -69 221 SMTL Semitool 26.88 8.31 -69 223 SFAM SpeedFAM 60.38 17.25 -71 250 ASYT Asyst Technologies 47.25 13.13 -72 260 LRCX Lam Research 66.31 18.06 -73 267 IPEC Integrated Process Equipment 37.19 10.00 -73 272 WFR MEMC Electronic Materials 38.75 10.06 -74 285 KLIC Kulicke & Soffa Industries 57.25 14.28 -75 301 BRKS Brooks Automation 39.69 9.88 -75 302 AFLX Adflex Solutions 28.50 7.00 -75 307 CFMT CFM Technologies 40.50 9.81 -76 313 PRIA Pri Automation 58.50 13.00 -78 350 ASEC Aseco 18.88 3.06 -84 517 TOTALS 1602 622 -61 157