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Technology Stocks : Thermo Electron (TMO) -- Ignore unavailable to you. Want to Upgrade?


To: Hectorite who wrote (306)8/25/1998 9:14:00 AM
From: John Hayman  Read Replies (1) | Respond to of 450
 
Hectorite,

It is puzzling, why would a late order for TMQ get to TMO for a 50% drop in price. Even TMQ took a 50% hit, and for a late order!
I like the thermo units, only because they were very predictable with their earnings, but that appears to be history now, or a least delayed.
Also, I too believe this could take awhile for a turnaround. Unless, TMO can make it move with the buy back of stock. I doubt if they can, seems like no one has ever been able to fight the market.
Your idea of selling and buying later may work, but I am not sure buying back in is the right move for now. I would like the dust to settle first, see what is there, then maybe.

Later folks, John