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Strategies & Market Trends : Waiting for the big Kahuna

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To: James F. Hopkins who wrote (21326)7/7/1998 8:45:00 AM
From: Terry Whitman  Read Replies (2) of 94695
 
I think you'll be happy with NSM at 12.5. I was happy to have got it @ 15 back in '96, and even happier to sell @ 30, 9 mo. later. "They" were saying the end was near for semis then too. Don't believe it.
Everything from your car to your toaster oven use semiconductors. Fact of the matter is- the semicon market is cyclical, and we're on the downswing now. I don't know if they've found bottom yet, but I will be buying too when I see some more signs of recovery.

TW
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