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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 156.00+0.6%Nov 28 9:30 AM EST
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To: Cary Salsberg who wrote (3290)11/6/1997 10:22:00 AM
From: molemania  Read Replies (1) of 10921
 
Cary (or anyone) - Don't the semi-equip companies have high fixed costs and therefore a relatively small drop in revenues creates a disproportionately larger drop in net income (after break even) and v.v. or is this way off? I was just wondering if a small decline in revenues due to SE Asia would cause a fairly large drop in net income and that is the reason these things were sold off so much.

Thanks
Dave
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