Speedfam [SFAM] Lovers Unite ! Message Board

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Technology Stocks : Speedfam [SFAM] Lovers Unite !

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To: Donald B. Fuller who wrote (3167)	9/17/1998 8:33:00 PM
From: John Sikora	Read Replies (1) of 3736

Don, It's brutal out there in cap equipment land. Market pricing in another year + of no income from operations...Sad but true...Fab's being postponed on a daily basis. IMF broke...Clinton possibly on the way out...Lat Am in deep sh**...All in all not a great time to be holding equities in general...Corporate profits are shrinking rapidly and the Fed is waiting for "concrete " evidence to pull the trigger and lower rates...Fatal mistake IMO...it will be too little too late when they finally move...Sorry to be so pessimistic but that's how I see it...On the bright side it will be a wonderful time to refi when rates hit 6% or lower on a 30 year fixed rate mortgage:) john

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