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


To: Cynic 2005 who wrote (1067)9/2/1998 10:13:00 PM
From: jeffbas  Read Replies (1) | Respond to of 1279
 
It looks to me as they may now be running through their backlog at
current rates of production. A quarter ago they predicted on the conference call that the next two quarters would be weak, followed
by much stronger periods. Anyone listen to the CC who can comment on what they are saying now?



To: Cynic 2005 who wrote (1067)9/3/1998 12:05:00 PM
From: The ChrisMeister  Read Replies (1) | Respond to of 1279
 
"I doubt if they can escape a sell-off tomorrow."

Good call, as we're now -1 5/8. I might have expected better, considering how far off we are, but with this Rodney Dangerfield market...

And, yes, the part about the backlog didn't escape my notice. Could it just be that more customers are moving to a shorter ordering timescale or does it really reflect a drop in demand? Time (and maybe the CC) will tell.

ChrisMeister