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 1,214

+0.5%

Dec 5 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Russell A. Spreeman who wrote (333)	11/22/1996 8:51:00 PM
From: Paul B. Mirkarimi	of 1779

I am also confident that KLA is a good long-term prospect (of course in this sector "long-term" means > 2 years). However I am tempted to sell at these prices, not because I think that it won't go beyond $40 eventually, but because I think that this (near-instantaneous) rise is based primarily on speculation, and it could easily fall back to < $30. My guess is that in a stock market that is generally overvalued, there are a lot of people desperately looking for value, and that is affecting the slope. Does anyone know what the resistance level is for KLAC beyond this point?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next