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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 148.32-3.3%Nov 14 9:30 AM EST
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To: Zeev Hed who wrote (5439)5/17/1998 5:48:00 PM
From: shane forbes  Read Replies (1) of 10921
 
BTW Kurlak would have told his "true" followers - institutional friends etc - a few weeks ago. This is purely for the "market's benefit". This is a problem with someone making announcements, having the power to move markets and then saying I told you so. Hokey. The observer is also disrupting the experiment's outcome.

Having said that I think the market sinks this week so he may have done everyone a favor! I actually am licking my chops at the anticipated buying opportunities times like this present.

And finally as a rule I pay no attention to analyst recs. and I do not trust any of their s/t recs. - I think they have too many competing interests to juggle. BTW one of these is the competing interest of a lot of shareholders who believed Mr. Kurlak in Dec. the first time and got out of the sector only to watch the stocks you sold off go up another 30-50%.

In the past he has admitted to playing on psychology and I think though this is always present, right now he is taking full advantage of the overabundance of fear. If this is considered acceptable then so be it. It is certainly not my style.

(Somewhat akin to people in power making irresponsible statements after he has taken care of his constituent's interests. Though this is not a good analogy, the basic premise is the same - playing with people's minds by dispensing information that is not fully accurate and doing so only after you have helped your "friends" out.)

Shane (anyway this could go on forever...)
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