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Strategies & Market Trends : Steve's Channelling Thread
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To: thecalculator who wrote (17464)6/8/2001 10:19:00 PM
From: Zeev Hed  Read Replies (2) of 30051
 
I think that last September I said that TSMC should be available this year at around $10 (I believe I used the term through), it has gone a little lower, to $7.5, and could consolidate back to just under $10, I do not think that there is a need to rush, since, unlike Larry,I still think the semi cycle had not bottomed. My experience has been that the last leg down is the most murderous. Longer time, I still think that a triple bagger from around $10 in a year or so is quite feasible.

Zeev
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