Semi-Equips - Buy when BLOOD is running in the streets! Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!

LRCX 142.62

+2.2%

Nov 21 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Alastair McIntosh who wrote (9436)	2/5/2001 10:09:50 AM
From: scott_jiminez	Read Replies (2) of 10921

We believe that valuations continue to be too high in light of fundamentals and that there is downside risk that another full wave of downward revisions in number will probably occur in the next two months. Completely consistent with what we would expect from analysts at this period in the cycle. In other words, 'This time is different, the downturn is WORSE THAN USUAL, don't buy in for another six months'. It's precisely because just about everyone buys into this logic that the credo of this thread can never work. Just like I've been saying for 8 weeks, NOW is the time to buy these stocks, while everyone continues to hate them, rather than when the preverbal tunnel/light shines so clearly. My prediction would be that the group will be up another ~50% in the next 4-6 weeks and that the group as a whole will have an extremely good year. We're off to a very good start - the equipment stocks are one of the leading sectors thus far this year. To repeat, NOW is the time to buy....when BLOOD is running in the streets!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next