SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 151.94+1.1%Nov 25 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Paul Dieterich who wrote (5874)6/16/1998 1:43:00 PM
From: Proud_Infidel  Read Replies (1) of 10921
 
Re:Most of these stocks are not fundamentally oversold.

During the last downturn, most of the group fell anywhere frm 50-70% though most were at the middle to bottom of that range(50-60%). We are currently in a situation where many are below their '96 levels in terms of P/S(LRCX) and others which have fallen %-wise more than they did in '96(KLAC, PRIA, CYMI) The latter list goes on and on. Depending on what you use as a gauge, much of the sector is cheaper than in '96.

BK
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext