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Technology Stocks : PRI Automation (PRIA) -- Ignore unavailable to you. Want to Upgrade?

To: Ian@SI who wrote (639)3/23/1999 9:32:00 PM
From: Chee Keong Loh  Read Replies (2) | Respond to of 1214
 
I think the street is already convinced.....

Brokers tell me that the only way to play semi-equips is through AMAT, KLA. PRIA is slipping off the screens of the institutional players. With only 25M in Q1 revenues and small MKT cap, PRIA is not as representative of the sector as before.

That said, I don't understand why the longs are holding this falling daggar. Let the shorts do that. The liquidity is drying up...Why not preserve your capital- sell and buy lower? Technicals are just awful, there's no rush to own this stock. (Yes I have been short PRIA-)

Where do the longs think the short term support is?



To: Ian@SI who wrote (639)3/25/1999 2:35:00 PM
From: orkrious  Read Replies (1) | Respond to of 1214
 
Re the comment on PRIA not receiving an RFQ from INTC on the 300mm pilot:

FWIW, I just got off the phone with Charlene from IR at PRIA. She checked around, and said INTC had not decided to go ahead with the 300mm pilot (that we knew). She said PRIA is on the list to receive an RFQ when the go ahead is given.

Jay



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