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

To: HoodBuilder who wrote (3217)	11/13/1998 6:31:00 PM
From: Sparky65	Read Replies (3) \| Respond to of 3736

I have been following SFAM for a while and am interested in opinions on this stock. Today, the stock closed at $16 5/8. Obviously, up quite a bit from the lows just like many of the other semi equipment stocks. I do believe that the days of the prices from a month ago are over. I personally believe that we are in the beginning stages of the next bull market for semi equipment and chip stocks. The news I have been reading and hearing is to compelling not to have a position in these stocks. Now, that being said, one of the things that appeals to me about this stock is that its book value is $17.90. So, it is trading below book value at a time when the market is now starting to turn around. To me it seems like a very strong value. Am I wrong? If so, why. Besides the fact that the stock is trading below book value, in a sector that is starting to turn, I believe that SFAM has strong upside potential. If it does not start to move soon, I bet it will be bought out. Does this company have bad technology or products. Poor management? I did see that Montgomery downgraded them today. Does anyone know why? Any info on this stock would be appreciated. I can't find any reasons why you would not want ot own this stock.