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Strategies & Market Trends : Tech Stock Options

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To: Judy who wrote (19797)8/15/1997 8:47:00 PM
From: John Sikora   of 58727
 
Judy,

Looks like the bears have come out of hibernation...even if very little has changed fundamentally in regards to the economy. At this point, I do understand however,that fundamentals, can't hold a candle to sentiment and after all the trend is your friend...Don't fight the tape ....blah blah blah.
How much of a hit do you see the semi equips taking here? I'm thinking they will weather the downturn and lose less on a percentage basis than most industry sectors, and move quickly to the upside when all is said and done?? I also prefer the smaller names here and have positions in SFAM ADEX REAL MSCC KLIC and SVGI...The semi equips will have powerful earnings these next 2 quarters and will look especially good on a year over year basis. Monday and Tues will be ugly but I will be hard pressed to close these positions....

Your thoughts are much appreciated,

John
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