Semi-Equips - Buy when BLOOD is running in the streets! Message Board

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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!

LRCX 160.55

-4.9%

3:59 PM EST

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To: Q. who wrote (3836)	12/15/1997 5:11:00 PM
From: Robert Schling	Read Replies (1) of 10921

<I get the sense that disappointing earnings preannouncements are accelerating> I'm with you on this one. Until the Asia dust settles, we'll have bear rallies. After the Orcle announcement I thought: bad news seldom comes alone. Then came KLIC... Companies have a tendency to wait and see. I'm sure there are quite a few earnings-warnings on the back burner, waiting if something good is going to drop out of the sky. Usually it doesn't, and when the warning comes, the bad news has already doubled in intensity... The trend is down.. and remember.. the trend is your friend. Robert PS. I'm actually long, but have more cash than usual. Catching bottoms is hard.

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