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 148.85

+0.4%

1:03 PM EST

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To: Fortinwit who wrote (5453)	5/18/1998 8:57:00 PM
From: Greg Jung	Read Replies (1) of 10921

Fortinwit, that you are thinking of buying "when they dip" to sox = 250 implies a generally optimistic outlook. The outlook implied by Kurlak & company is of greater magnitude, and if you buy into it you needn't bother considering the stocks at this stage, anyway. To say, "this tech stock is expensive" doesn't imply an temporary dip, but an extended period of near-book or below-book valuation, for the leaders in the field. Intel might be excused from this condition due to its near monopoly position. It will bend, but not break. Greg

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