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Technology Stocks : FSII - The Worst is Over?

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To: Kent Sarikaya who wrote (2236)9/14/1998 12:06:00 AM
From: Sparky65  Read Replies (1) of 2754
 
Wow, it has been a while since I have been to this thread. I am impressed to see so many of the old loyal FSI holders. If you would have told me a year ago that FSI would be at $6 a share, I would not have believed it. But, here we are...

The great thing is that I believe right now is probably the cheapest these stocks have been in a long time. I have noticed the last couple of weeks that CNBC and others have been reporting that the semi business is picking up. PC sales are up, etc.. People are expecting big things from the chip and equipment cos. Then, on Thrus. or Friday the Intel report came out. I believe that 99 will be very good for these stocks.

However, I will not be buying FSI in this market. With stocks like AMAT, KLAC and NVLS so cheap. I believe these stocks will move higher in a chip bull market over FSI. It is really tempting to buy it considering the fact that it is at $6. But, I have been burned to many times buying the little guy. And, the way I figure, FSI can't go higher without the others going.

Anyway, hopefully, this Clinton and global market stuff will end soon.

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