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Technology Stocks : Credence (CMOS): Anyone out there -- Ignore unavailable to you. Want to Upgrade?


To: Jack who wrote (352)10/12/1998 7:30:00 PM
From: Tim MacLean  Read Replies (1) | Respond to of 497
 
I agree the bad news is priced into this stock. Unfortunately in a market driven by fear, rational behavior is left at the door. I think if anyone wanting to buy this stock can wait 12 to 18 months there could be a handsome profit to be had.
The valuations in this sector are way out of line. I also own a small amount of Brooks Auto (BRKS) and it is currently trading at 70% of book value. When this sector starts to draw in buyers, those who had the balls to buy now should be richly rewarded.

Waiting patiently

Tim MacLean