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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 148.32-3.3%Nov 14 9:30 AM EST
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To: Gottfried who wrote (10350)5/2/2002 2:35:12 PM
From: Cary Salsberg   of 10921
 
RE: "... it's different this time."

I have been saying this for about 16 months, now!

I expect a very long cycle with a much slower than normal move up. I have acted on this expectation and the high current valuations by adding covered calls to all my purchases. I am betting that prices will not run away until next year and that recent highs will hold for most of the year.
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