KLA-Tencor Corporation (KLAC) Message Board

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Technology Stocks : KLA-Tencor Corporation (KLAC)

KLAC 1,280

+0.2%

Dec 26 9:30 AM EST

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To: Dave Beveridge who wrote (1033)	3/18/1998 7:32:00 PM
From: Street Walker	Read Replies (1) of 1779

KLAC has a p/e of 22 I didn't sell on today's rebound before it fell. Its at strong support. I think it will do the same tomorrow as it did today. I like the intraday trading range if you can enter and exit timely. If it falls too far, I see it bouncing back higher in a big run. All it takes is someone upgrading the sector. I watched KLIC fall too. Both are long term buyers once they settle down. Money will once again get rotated into the semi's as they become more valued. Mutual funds like them because they have an established track record. Remember, the last time KLAC fell below this level, the market was in crash mode as well. Look how fast KLAC rebounded. S.W.

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