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 153.34

-5.0%

3:59 PM EST

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To: Mason Barge who wrote (5652)	6/3/1998 8:32:00 AM
From: Jess Beltz	Read Replies (1) of 10921

Mason, I agree - in the long run. My point was that in the near term, I think the Street is currently without direction on near term fundamentals, and with (1) the ongoing unrest in SEAsia, and (2) the looming possibility of a market downturn in general on weakening earnings, the individuals that control the money flows may be worried about committing funds to the semiconductor sector. When people as big as Intel stumble, it scares them a good deal. I agree completely that as you push out the time horizon, the stocks of the strong players will recover handsomely. I just question the V-ness of the near term recovery. I think it may be more U-shaped with a flat bottom for the next 2-3 months. It may also be wishful thinking on my part, since I will come into a handsome chunk of Change around the first week of July, and I don't want any big recovery until then. ;^) jess.

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