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Technology Stocks : FSII - The Worst is Over?

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To: Kent Sarikaya who wrote (2198)9/2/1998 9:44:00 PM
From: Donald Wennerstrom  Read Replies (1) of 2754
 
It is hard to make any sense out of what is happening. There seems to be a lot of turmoil in individual stock prices, and as you point out, certain stocks like AFLX are still getting hammered. This one really surprises me - I can't see that the fundamentals on this stock are that bad. Like SFLX, I think it will recover quicker than the average semi-equip once the recovery starts.

The bigger stocks have also taken a hit, however. Just look at AMAT. At the moment it is on a real down trend that over the last 6 days shows no sign of letting up.

I think all the stocks are still working their way lower- some just more than others.
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