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Technology Stocks : Etec Systems moving up -- Ignore unavailable to you. Want to Upgrade?

To: Carl R. who wrote (1194)	3/31/1999 9:58:00 AM
From: jeffbas	Read Replies (1) \| Respond to of 1279

Yes, but I would have made a lot more money on ETEC than I did by following the tape and not my view of the fundamentals. This stock has been a wonderful trading stock. Wall Street can be irrational for an extremely long time. For example, the discount that perfectly good small cap stocks are selling for today relative to larger ones is irrational and will EVENTUALLY be corrected. The problem is that it may be corrected by a collapse of the larger ones, as in 1973-4, when it did not help the small ones to start out undervalued.