Semi-Equips - Buy when BLOOD is running in the streets! Message Board

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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!

LRCX 155.67

+2.5%

2:23 PM EST

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To: Cary Chubin who wrote (2988)	10/23/1997 2:33:00 PM
From: Ian@SI	Read Replies (2) of 10921

Cary C, I believe that the market has already priced in a lot of bad news based upon [unfounded] fear. And now they're compounding that oversold condition because of Hong Kong, Indonesia, ... - conditions which are unlikely to have a serious impact on this sector. In both the MTSN and LRCX conference calls, it was stated that the Taiwanese are investing as if there was no tomorrow ( my words). By the time we here a confirmation from the AMAT conference call, much of the easiest money will have been made, IMO. This week and next will likely be the time to "buy low". Ian.

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