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Politics : Idea Of The Day
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To: Jerry Olson who wrote (14989)11/21/1997 5:14:00 PM
From: Judy  Read Replies (1) of 50167
 
Jer,

Adam Harkness is with some no-name brokerage house, I forget which. What he says is academic.

I've posted that semi equipment makers were going nowhere fast in the next couple of months. They have been so brutalized they need time to recover and base. Furthermore, the market's sentiment about a sector does not change overnight. Bottom line is that I don't give a fig about what ANALysts say. The forward guidance gives the fundamentals for long-term investors, and the technicals will allow traders to exploit the short-term moves.

Downside risk is minimal, and upside potential is great. Timing is a market call. I've suggested to friends that, given the market is stable, leg into selling puts on these stocks but that it is premature to for the call side.
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