TNCR, the MOST Undervalued Semi-Equipment Stock Message Board

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Technology Stocks : TNCR, the MOST Undervalued Semi-Equipment Stock

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To: Silicon Master who wrote (20)	3/7/1996 11:16:00 PM
From: doc	of 362

Fundamentals aren't going to stop this speeding train. Take a look at semi stocks across the board. All are at one of three positions: approaching 52 wk low, at 52 week low or making new 52 wk low. I think the bounce that occurred in January was the result of one thing: rumors that Fidelity was getting back in the techs which sparked panic buying by those who missed the big rally in 95 and those averaging down to make up for paper losses. Smart money has not and will not return to techs until future looks brighter. Dumb money would try to guess where the bottom is before it actually gets there. The leaders, intc, amat, xlnx, mu, etc., are driving this train south. I believe one of your threads predicted tncr to double (or was it triple?) in the next couple of quarters. It may do so. But go to the chart section and do a comparison on tncr and six others you consider the top dogs in the industry. I saw tncr as the laggard. I think tncr is an excellent COMPANY. But I'm not going to jump on a train going the wrong direction. And I'm not going to jump in front of it trying to stop it.

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