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Technology Stocks : Aavid Thermal Technologies (AATT)

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To: Peter J. Santiago who wrote (161)7/25/1998 10:15:00 AM
From: James Perry  Read Replies (1) of 185
 
I think it is a good trade at this point, and an even better
long term holding. The need for heat sinks will increase, and
while changes at Intel might cause some shift in their buying
(as AATT has warned), the price drop was overdone and I certainly
anticipate that there will be other customers coming into the
buying market, with all the cheap PCs being sold. Also, I have no
question that the MM is playing games, although I do note that a
lot of momentum players dumped shares at the warning announcement.
Heavy trading, then. As noted earlier, I doubled my position then.
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