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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: Haim R. Branisteanu who wrote (31268)9/27/2000 1:42:34 PM
From: Techplayer  Read Replies (2) of 42787
 
Haim, I have honestly given up on identifying a bottom with LU. The biggest hope for LU is that the market recognizes value in the microelectronics group. Even at present levels, the PEG is significantly over 1 when looking out 12 months. Based on price to sales, it seems like a good deal. If there is a slowdown in spending, which I am not disputing, legacy equipment vendors are the most exposed. As a long term buy and hold, LU is probably a good deal. Best of luck, tp
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