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ACLS On Tear In 2013!

|Includes: Axcelis Technologies, Inc. (ACLS)

If you follow my blogs you would have noted ACLS is out of my typical area of expertise, but I do happen to have a past history in consumer electronics and know many semiconductor commodity brokers. I recommended ACLS at $0.83 and we just touches $2.20 today. I would expect a continued run up to $4 through Q4. They are gaining back market share in a large and expanding market very quickly. Their new tools may force a competitor to acquire them. Will reiterate buy and target 12 mo. price to be $6.25