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Technology Stocks : Semi Equipment-Sell when they're singing in the streets

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To: Pink Minion who wrote (224)7/9/2000 3:49:26 PM
From: A. Wayne   of 276
 
Your comments are very good, but I don't think analysts need to be screaming in the streets for the semi stocks to be good.
I don't need my semis to double in price every month (not saying you're advocating they should). That scares the hell out of me. I'm much more comfortable with 50%-100% per year.

After the recovery from April started, there have actually been a number of analysts on CNNfn saying the semiconductor business is going to be booming for the next 2-3 years.
Like you though, I know we need to keep a careful watch on this quarters earnings. This market is very fickle.

Wayne
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