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Technology Stocks : Silicon Valley Group
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To: LLCF who wrote (1358)12/11/1997 12:38:00 PM
From: Ian@SI  Read Replies (1) of 2946
 
DAK,

While we agree that this sector has overreacted,

1. I wouldn't buy on margin;

2. I also know that the sector could become even more oversold;

3. That condition could last for a long time.

On the other hand, the "street" may come to share our wisdom... ;-)

All that said, I added a 1/2 position in AMAT this morning. Thank you, Merrill Lynch. Without your assistance, I would have spent at least $5 more per share.

Ian.
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