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Technology Stocks : Teradyne -- Ignore unavailable to you. Want to Upgrade?

To: Math Junkie who wrote (799)	8/10/1998 9:14:00 PM
From: pride	Read Replies (2) \| Respond to of 1184

i purchased ter at 29 begore their earning came out and they had the conference call. i think the reason that this stock is lagging is that in their conf call they stated that new orders were down in the the next quarter and a lot of these stocks are not valued on announced earnings but on expected happenings. if their bookings are down then earnings should be affected. for this reason capital equipment investors appear to be looking elsewhere. i have followed this company for a long time and i'm not concerned. they are a powerhouse in their niche and bookings, and hence earnings, will bounce back when other companies start to sell their machines. if i had more cash now i would not hesitate to increase my holdings in this company with a 12-18 time horizon. stock could be a good one for the next 3 years. just my opinion. good luck