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Technology Stocks : ASML Holding NV -- Ignore unavailable to you. Want to Upgrade?

To: Jim Oravetz who wrote (506)	1/6/1999 5:18:00 PM
From: Alan Villalon	Read Replies (1) \| Respond to of 42385

A 12 point rise in 2 days is pretty nice. A couple of observations: -The optimism in the semiconductor market is fueling this drive. I would be a little worried though when some real numbers start appearing. Remember, ASMLF did warn about an earnings shortfall. -Per the Dec. 4th post on this thread, the fundamentals may not improve much. It is encouraging that ASMLF is grabbing market share in Japan. The quality of ASMLF's product is also unmatched. However, with the Far East in a deep correction, revenues from this area will not add much to ASMLF's bottom line. On the other side, ASMLF will be in a great position when the Far East rebounds in the future. -The technicals on this stock look interesting. Between July '98 and January '99, ASMLF appears to be forming a cup and handle chart (see CANSLIM thread). This pattern is typically bullish. However, this bullish pattern would be more promising with the stock making new highs. I have been long this stock for over a year. I am thinking of taking advantage of this short term run up and wait for a possible correction when the real numbers are released. Any opinions? -Al

To: Jim Oravetz who wrote (506)	1/7/1999 7:06:00 AM
From: Jim Oravetz	Read Replies (2) \| Respond to of 42385

From WSJ interactive, note the quote in EURO's ASML Shares Up 10% On Signs Of Market Recovery Dow Jones Newswires AMSTERDAM -- Shares in ASM Lithography NV (ASMLF), the Dutch semiconductor equipment maker, rose as much as 10% on Wednesday morning amid signs of economic recovery in some of the company's main markets. At 1015 GMT, ASML was up EUR2.65, or 9.3%, at EUR31.15. The broader AEX Index of blue chips was also higher, up 12.84 points, or 2.3%, at 579.35. Traders said ASML is benefiting from a rally by U.S. technology stocks on Wall Street Tuesday, and signs of economic recovery in some of the company's main markets, particularly South Korea. ASML wouldn't comment on market rumors that a large customer has placed an order for one of its wafer steppers. The company will release its earnings for the year ended Dec. 31 on Jan. 21.