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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 238.45+7.0%Jan 27 3:59 PM EST

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To: michael97123 who wrote (9036)11/30/2000 2:49:01 PM
From: scott_jiminez  Read Replies (1) of 10921
 
Not Quite....ROFL!!

To quote Gottfried, Denial, pure and simple

The ultimate point of someone coming out with a prediction regarding a sector is to estimate the near term direction the sector's stock prices. There's a strong argument that the SEMs started falling due to some (over)supply problems and then KEPT falling when it became clear that demand may be significantly reduced. REGARDLESS, Jon Joseph warned that the SEMs would be lower in the near future...AND THEY ARE, BIG TIME!

Your post is the quintessential example of why many participants of the AMAT thread are STILL in denial BIG TIME.
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