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Author: raleigh1208 Big red star, 1000 posts Old School Fool Global Fool Motley Fool One Everlasting Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1161  
Subject: Re: TOO LATE?? Date: 3/1/2004 4:00 PM
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My crystal ball is broken now, but based on my experience, Faro has had some significant price swings, up and down. It was up today, and at $28.60 or so, I'd say its trading fairly high right now, although still a few dollars down from the 52-week high. However, nothing I have seen has changed the fundamentals in my eyes, and I would expect continuing excellent performance. I'd guess it will trade sideways for a while up until the next quarterly earnings release, and if good, will go higher. May depends on if they give any future guidance. Some companies have recently beaten estimates for the quarter, but their stock price went down because their comments about the future were not as bright as the analysts (whether they know what they are doing is the topic for another conversation). Based on past releases, Faro earnings have been excellent, with excellent expectations for the future. If they ever give bad guidance, expect a tumble, but I don't expect it.

Bottom line for me would be to watch for any significant pullbacks of a few dollars and invest then. I've done that over the last few months, buying shares several times on pullbacks, and I've got a fair gain for the year. So selective investment on pullbacks would be warranted. Of course, the price could start rising and continue forever (but we could all be so lucky).

raleigh1208
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