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Plasma Therm has all the earmarks of an up and coming company. It makes equipment used in the manufacture of flat panel displays, as well as other semi products. After rising to 9 two years ago, the stock slumped due to mismanagement of their raw materials inventory. They set themselves straight and have just reported several quarters in a row of increasing earnings and revenues. They have a new product, the Versalock 700, which seems to be well received in the industry, and a plant expansion now operational The company is on line to do about $40 million in sales and close to $.40/share earnings for the fiscal year to end in November. Although not widely followed their move to Nasdaq about six months ago improved their visibility and volume. The earnings estimate for 1998 is posted on Zacks as $.53, a healthy increase from 97'. We have been posting in the `Five Dollars and Under' thread, but since the stock is holding in the 7 to 8 range, we thought it time to move the discussion here.
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