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Technology Stocks
:
Speedfam [SFAM] Lovers Unite !
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To:
SemiBull
who wrote (
3552
)
4/14/2000 11:06:00 PM
From:
Jerome
Read Replies (1)
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Respond to
of 3736
Opportunities out of chaos.
The haircut SFAM has been given since the earning report is somewhat too short, given the outlook for the next quarter.
At the current price around 14 it might be a better play to buy some options going forward. The July 12 1/2's can be had for 3 1/2 to 4. Its tough to buy in a down market like this but its the only way to recover going forward. If the current trend on SFAM continues until July. I'll be buying the October 5's :)
This has always been my worst fear. That the .coms would get their proper valuation and drag the rest of the market with it.
Regards, Jerome
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