COMS & the Ghost of USRX w/ other STUFF Message Board

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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF

COMS 0.00130

-18.8%

Nov 7 11:47 AM EST

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To: Scrapps who wrote (7376)	10/24/1997 11:15:00 AM
From: Jeffery E. Forrest	Read Replies (1) of 22053

Yep, I saw the TER downgrade. I hope you didn't jump on the NVLS yesterday. UBS downgraded them and AMAT. (couple others' too that I don't follow) It's looking like a bottom, but obviously it's still a nervous market for the semi-equip guys. They are ALL getting cheap enough at this point so that if you are a long term investor you WILL do well with the quality companies in the group. Short term it's gonna make yer guts grind. I've been "accumulating". I haven't shot my wad on any one stock in the group, but I'm adding 100 here 100 there when they dip under support levels. I wish I had shorted some of them back when I posted here that LRCX looked like a short candidate. As I recall LRCX was around 48-49 at the time . (went to just under 35 before it bottomed :-( Woulda, shoulda, coulda. NVLS STILL doesn't look good on a chart. I'm not buying until it turns the corner. Trying to catch the knife is just to dang dangerous with these guys. (for ex. LRCX "appeared" cheap at 45. I sure am glad I listened to my charts. Buying at 45-46 woulda hurt BAD.) NVLS HAS to be getting close to the bottom though and since it is a blue-chip of the group, even if it were to go a bit further down, patience would pay off in the LONG run.

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