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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area

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To: Crossy who wrote (2298)	11/16/1997 12:24:00 AM
From: PuddleGlum	Read Replies (1) of 37387

Crossy- Thanks for checking on my short suggestions. Short AVEI was actually suggested by one of the magazines which I subscribe to. SDG seems to be well-managed but overextended right now. I'm expecting a good report from AMAT this week. RSI for most of the semi equipment stocks seems to have broken the trend of lower highs and lower lows, so I think this is good for 1-3 weeks of upward movement in semi equips, which may well translate into 10-20% appreciation over the short term. I'm still nervous about Asia in general, because I think it could get worse before it gets better. Also, the Fed is backed into a corner where they're damned if they do and damned if they don't. Besides the semi equipment group and DD business, most sectors still look kind of green around the gills to me. BTW, my unease re: NANO is based on my experience at IDTI some 12 years ago. Our nanospec was a piece of junk, so I lost respect for the company and laughed when they went public. We also used some unimpressive equipment from Veeco, so I didn't take that company seriously either and look where it's gone. Steve

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