Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Monty Lenard who wrote (38585)	11/17/2000 4:27:53 PM
From: pater tenebrarum	Read Replies (1) of 436258

it's a method of rationalizing losses...just declare them to be foregone gains. his reasoning on MU and DRAMs is per se not something i would dismiss out of hand...only, he's way too early, as MU's stock is not yet priced for the collapse in DRAM prices. it will be priced for that once it's a teenager. at that point i'd consider buying it too. first have to see all the 'analysts' hate it though. like they hated semis in late '98...which was a great time to pick up LSI, BRKS, AMD, etc... these stocks often make complete round-trips due to the cyclical nature of their business. chart-wise, the SOX looks like it wants to re-visit the 400 level, where it topped in the previous cycle.

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