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


To: Justa Werkenstiff who wrote (2844)10/30/1998 5:02:00 PM
From: A. Wayne  Read Replies (1) | Respond to of 3696
 
Justa, We all know this stock will double over the next 1-2 years.
What we are not sure of is if the stock will give up another 20-25% before it stabilizes and starts to move up.

Some stocks like SMTC, VECO, SVGI are already significantly above their lows.

And, what about the saying that the market anticipates out six months? If we (the market, that is) see recovery starting in 6-9 months, then we just may be at the bottom now.

Still holding my year and a half old position at 19.66.

Wayne