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Technology Stocks : FSII - The Worst is Over? -- Ignore unavailable to you. Want to Upgrade?


To: Duker who wrote (2434)3/24/1999 12:28:00 AM
From: Donald Wennerstrom  Read Replies (2) | Respond to of 2754
 
Well, one thing is certainly true, it wasn't a deep, dark, secret that the report would be a bad one. The stock price started down 8 trading days ago and just kept on accelerating as the day of announcement drew near.

For the five days last week, the stock was down 15 percent to claim bottom place in the table. Yesterday, it was down over 13 percent. Then today, as the bad new was announced, the price was only down 2.6 percent. By today, everyone who was going to get out had already gone.

On 3/11, the stock closed at 10.31 - 7 trading days later, on 3/22, the stock closed at 7.38, a loss of 28 percent. I wonder how the put volume was the last 10 days or so?



To: Duker who wrote (2434)3/24/1999 7:13:00 AM
From: semi2000  Read Replies (1) | Respond to of 2754
 
Another blood shed quarter!
I am getting ready to throw towel and get over FSII. Is that good idea?
After waiting so many years this is really very bad but I cannot
see change in picture at all. I would put that money in AMAT, NVLS or KLAC and get done with.

BTW, is merger between SMTL and FSII possible? Both losing money
one with high debt/cash one with none. At least there is better
hope that way

Thanks