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 139.60

-6.2%

Nov 20 3:59 PM EST

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To: Coolwire who wrote (8146)	11/14/1999 1:02:00 PM
From: Kirk ©	Read Replies (1) of 10921

I was thinking it was time to take profits in AMAT. I have already taken some myself in one stock that hit 8x for me (LRCX - now 9x) and now AMAT is near the 8x level (bought 7/96) so I am getting ready to take more there. I would not think bailing out is the answer as these companies get overbought then oversold on a regular basis(lather, rinse & repeat) but they make higher highs and lower lows on the large scale despite the cycles. Unless people are going to stop using chips, I doubt these will under perform long term. I would NOT buy here, but taking profits to hold and wait for off cycles is always wise. Perhaps take 10% off the table every time they go up 10%? You can generate a ton of cash this way to invest in off years and still participate well if the valuations continue to skyrocket. Maybe pull out your original investment if you have a multi 100% gain and then do the 10% off for every 10% up as we go forward? This is what I am considering. Comments? You have to consider the valuations that internet companies are getting and these are still cheap. 8)

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