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 142.62

+2.2%

Nov 21 9:30 AM EST

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To: cfimx who wrote (4007)	12/19/1997 4:57:00 PM
From: Cary Salsberg	Read Replies (2) of 10921

twister, RE: "We are starting to hear some really bearish forecasts on this thread..." It is a little late to start being bearish, but it is appropriate to conjecture on how low the stocks can go. RE: "But the argument says sell ALL now, buy at the bottom, and then ride the next cycle to riches and glory." The theme of this thread is buying when things are looking dismal. I don't think anyone is saying "sell ALL now" or "buy at the bottom". (Days like today make us think that we have passed the bottom.) People have proposed valuation measures based on sales, book, and cash and have talked about averaging down. This thread was able to buy well last time and I suspect most will be able to repeat that success. Selling has been more of a problem for some of us. Cary

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