KLA-Tencor Corporation (KLAC) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : KLA-Tencor Corporation (KLAC)

KLAC 1,274

+4.9%

Jan 2 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Xpiderman who wrote (1027)	3/17/1998 8:38:00 PM
From: Jerry Olson	Read Replies (1) of 1779

Hello Xy Zhao I just looked at KLAC on my Point & Figure chart. IMO the stock just had a "bullish signal reversal" on 3-3-98.. It broke its uptrend line or it's bullish support line...this stock could hit its 52 week low soon at around 33-34ish...there is good support there... However the entire semi sector ia in a Correction phase as we speak...I know because I've shorted a lot of techs including KLIC...The Asia problem is just now begining to appear in these numbers and will last at least 6 more months... When the Big Cap techs report there will be serious collateral damage to vendor/suppiers of these stocks...the worse is yet to come, when earnings start in earnest in Apr...the "tech wreck" will look like a "bomb site".... All the semis & semi-quip makers are in for a major short fall..."The Problem" in Asia is far from over...I believe AMAT-KLAC-NVLS-SVGI-UTEK-KLIC etc etc will all get killed...and most important DO NOT Bottom Fish, or average down...No Way Jose<g>.. Hey this of course is JMO.... If KLAC breaks 33-34 it will plummet... Regards to All, Jerry

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next