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Re: Traderfan post# 33

Wednesday, 04/14/2010 6:13:48 PM

Wednesday, April 14, 2010 6:13:48 PM

Post# of 42
ETEC.. $1.30

Surprised is not the word.. I spoke to them yesterday about the merger and it never dawned on me to ask how the earnings would be.. There were a lot of orders put on the books lately and I hope that they have increased thier backlog..

The Inda merger is not that large because there will be no 8K filed but I think it was done to keep business in house rather than outsourcing to another company.. This merger might be with the very company which they outsourced some of thier work to..

Bad report but still good vibes about the company.. Will see more if they put out a PR release and my eyes will be looking for the backlog numbers.. Still long a little more than 15K and not a happy camper.. Actually bought stock today @$1.52..Sold 6000 at the close at $1.30 and that was the only trading I did in ETEC today.. GLTA.. hank

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