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Technology Stocks : FSII - The Worst is Over?
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To: Running Bull who wrote (1281)8/4/1997 3:21:00 PM
From: Donald Wennerstrom   of 2754
 
RB,

Yes, it's the 1000 lb gorilla syndrome. AMAT, of course, dominates the semi-equip vendors with it "bigness", just like the the DOW companies and the big technology companies like Intel and Microsoft. These big stocks all carry very large forward PE ratios. Many good companies, like FSI, just can't command the attention.

If I had it to do over again (hindsight is great, isn't it? <g>), last summer, over a year ago when I bought FSII, I should have bought AMAT and forgot about it. Just come back in 2 or 3 years and pick up a 2 to 4 "bagger" without spending any sleepless nights. AMAT is on an upward "roll" that doesn't show any signs of diminishing yet.

Don W.
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