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Technology Stocks : TNCR, the MOST Undervalued Semi-Equipment Stock

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To: James Luk who wrote (269)7/6/1996 12:57:00 PM
From: Oak Tree   of 362
 
Jim, long term, 2-3 years is ok for my mutual fund, but my active trading is meant to be quick in and out. Do you really think that the Semi stocks are going to take a 2 year ho-hum slow trading lull. I bought intel warrent a few month back and got a 50% profit. I also bought SIII at 11.5 and sold it recently at 14.5 and am thinking of buying again now at 12. Everyone seems confused about these SEMI stocks. They are as you say clearly undervalued (PE of 5 to 10) but people are afraid to buy them-- so they fluctuate like crazy. Do you agree with that interpretation of the instability or do you really think they are in for hard times? Are you buying TNCR at current low prices or still waiting?
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