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Technology Stocks : Speedfam [SFAM] Lovers Unite ! -- Ignore unavailable to you. Want to Upgrade?


To: John Sikora who wrote (3159)9/12/1998 8:55:00 PM
From: deke leatherman  Read Replies (1) | Respond to of 3736
 
John:

Liked your post. I have watched sfam for an entry point.

I will continue to do so for the following reasons.

1. Company will find it necessary to burn thru cash at a heavy rate
for the next 3 qtrs.

2. Company does have good product - but no buyers out there.
Sales have dropped at an alarming rate.

3. Technology is still be funded in other companies/countries not
only in the areas of their products but also in the area of produc
ing the product.

4. When the time comes when SFAM can re-ramp, the cost
of obtaining the newer production equipment/new plant(S)
may be too much of a burden for a financially weakened
Company.

5. Investment wise - as an investor, SFRAM will probably be dead
money for a long while.

6. Interest in the stock volume appears to be quite light.
Ave 30 day is: 150 thousand
Friday was : 219
SOS : 16 million
Stock appears to continue to drift down on light volume and
little interest. Analyst rating of 2 (moderate buy) is a surprise.
8 analysts: 3 =1 2=2 3=3 mean of 2.

I do not dislike SFAM, but it will still be available to those wishing
to purchase for investment at these prices for some time to come.