| To: Saturday who wrote (412) | 8/22/1998 10:01:00 PM |
| From: Mitchell | of 903 |
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Hey Saturday, Read this because this might mean we have seen the "bottom"....
Bob Brinker, on his radio show today, said he bought (added to his position I think) NVLS. That's good
news for the Semiconductor Capital
Equips. Which I agree are a real good play right now.
However, maybe he's not aware that NVLS is now a defendant in litigation brought by Semitool (SMTL) over
the copper ECD tooling, which is picking
up steam I understand. I wonder if Bob knows about SMTL ?? For your Info.
Look at these numbers...,
SMTL is Selling at 1.2 X Book value, making a profit and holding up pretty good though the industry's latest
BTB slump.
<For the first nine months of fiscal 1998 Semitool reported net sales of $138.8 million, up slightly from the
$137.2 million of the comparable period last year>.
How can this be ??? When the entire segment is getting slammed ?
Well, I think it's clear. Their customers continue to be interested in emerging technologies "as evidenced by
the
market penetration of the ECD product line". (Mr. Thompson from the July quarterly report) Copper and other
metal plating opportunities are growing as semiconductor manufacturers apply ECD technology to specific
devices.
SMTL is positioning itself to maximize growth opportunities as the migration to Copper unfolds. This one is a
Strong Buy !
Mitch
Yes, I'm loading up too ! At 8$ a share, why not ???
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