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Technology Stocks : Oak Technology (OAKT)

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To: michael liu who wrote (3756)12/13/1997 8:51:00 AM
From: Sparky65  Read Replies (1) of 4335
 
Michael, if you wait on AMAT 2 or 3 months, you will miss a great opportunity. The tech stocks are getting way oversold at this point. Everyone is worried about the Korea crisis. This to shall pass.

Remember that the semiconductor sector is heading into a new generation of technology (300m). It is also entering the DVD generation. I cannot believe how bad some of these stocks are beat up. Cube is in the $17's! SIII in the $4's!

I would look for the Korean crisis to get under control soon and start the rebuilding process. The US economy is way to strong for the US markets to continue this downturn. I think we will see a nice rebound on Monday. Especially since the Korean Presidental canidates are verbally agreeing to the IMF package.

Monday, could be a good day to do some DCA.
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