Semi-Equips - Buy when BLOOD is running in the streets! Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jim Willie CB who wrote (6580)	8/10/1998 10:08:00 PM
From: LLCF	Read Replies (2) of 10921

<Abby Joseph Cohen has been under tremendous pressure not to de-rail the bull for several months now... she is certainly fallible... she seems to ignore disproportionate Asian effect on certain sectors, esp important sectors that oftentimes lead market out of slumpy times... like tech sector> I can't disagree more... several analysts including the techies from her firm are on record as saying that the asian crisis is fully discounted in the prices of many of the tech stocks... and talk about the bear market in that sector. Now some may agree with you and some may agree with her, but you can't ignore the terrific sell off in many of these stocks (esp. semi-equip) while the S&P continue up...ie. the techs are certainly discounting SOMETHING or several SOMETHINGS. Personally I'm long semi-equips (AMAT,KLAC,ASYST,SFAM,EGLS,SVGI) and short the SPY's on the AMEX in equal dollar amts. I think the prices of these stocks have already discounted further asian pain and the market as a whole has its head in the ground about the whole thing! DAK

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next