Semi-Equips - Buy when BLOOD is running in the streets! Message Board

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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!

LRCX 148.32

-3.3%

Nov 14 9:30 AM EST

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To: Thomas J Pittman who wrote (8014)	7/23/1999 1:36:00 PM
From: geoffrey Wren	Read Replies (2) of 10921

Possible irrational pessimism? Maybe it's just my stocks, but it seems this month that a company has to soundly pass the whisper number and report great positive visibility two quarters out to make an upward move. COHU had a very good earnings report, and now is barely above where it was when earnings were announced. POWI did better than estimates, and it is down 10 points today. It seems there's some nervousness out there. Maybe people who were burned holding too long into the last run-up of prices all are lined up to be the first out the door. So it is just profit-taking, or is there a new worry now about interest rates, the dollar's strength, Japan's nascent recovery, etc.?

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