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: dong yin who wrote (57)	3/16/1996 8:03:00 PM
From: w0z	of 362

Most analysts and fund managers are neither logical nor long-term investors. They are emotional, short-term market timers. Warren Buffett, Peter Lynch and several others are exceptions to the rule. The semi equipment manufacturers have enough backlog to easily ride through a quarter or two of inventory adjustment by the semi manufacturers. Even if the overall semi market growth slows, semi manufacturers will still need to upgrade their equipment to remain competitive with 0.35 and then 0.25 micron geometries. Your logic is valid, invest your convictions and time will be on your side.

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