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 142.62

+2.2%

3:59 PM EST

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To: Fortinwit who wrote (6523)	8/7/1998 8:22:00 PM
From: LLCF	Read Replies (1) of 10921

<. I'm a non-believer still. I, and others, posted several conditions that were necessary (we believed) to indicate a bottom had been put in. Things like, analyst downgrades, turnaround in the Book/Bill, M&A activity, big time insider buying, fab closures, business failures (well, that was my list anyway).> First let me say that I agree with you that its not just "off to the races here" we'll see lower prices. But I don't think we'll see NEW lows (probably wrong). I disagree that we havent seen capitulation... tons of people are out. Thats why we're rallying. Also If you wait till book to bill looks good the stocks will be SUBSTANTIALLY off the lows... thats FOR SURE. DAK

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