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Technology Stocks : ELECTROGLAS -- How far can it go? -- Ignore unavailable to you. Want to Upgrade?

To: EACarl who wrote (657)	2/27/1999 6:38:00 PM
From: Proud_Infidel	Read Replies (1) \| Respond to of 1070

Eric, . I do own EGLS, and have been not too happy with it. EGLS now is at the 1996 lows again, not many semi-equips have performed that poorly I plan on adding some more EGLS to my portfolio this week precisely because they have not had AMAT-like returns, yet are a well-managed co. with leading edge(and Award Winning) products. I am less sanguine on SFAM(another I hold) b/c evidence I have seen suggests that they have lost significant market share to AMAT. And although this pullback may hurt a bit now, the tech sector has always hiccupped when moving up. These events should be expected and exploited for providing the bargains they do. Regards, Brian