I listened to some of the LRCX Conf Call and I could have sworn I heard CEO Bagley say that orders so far this Q were strong but it was far too early to think they would continue so he was keeping his conservative outlook. I thought it was a rather strange comment... like perhaps people were ordering early but he was still conservative orders would be down 15% this quarter as that is what the "experts" were telling him the industry would be down.
Did you or anyone else listen and hear this?
What sort of retrenchment did the market see after the 1998 double bottom?
I only see a "resting period" here after a double:
stockcharts.com[h,a]dhclyymy[d19980601,19991231][pc20,50!d20,2!f][pc20!c50!i!d20,2!b100!b200!f][vc60][iut!Uo14!La12,26,9!Lh14,3!Lc20]
People waiting for a double bottom might wait a long time since the Viper VTI already put one in
stockcharts.com[h,a]dhclyymy[d20010601,20021231][pc20,50!d20,2!f][pc20!c50!i!d20,2!b100!b200!f][vc60][iut!Uo14!La12,26,9!Lh14,3!Lc20]
Thanks for your comments.
Kirk |
