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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 142.62+2.2%Nov 21 9:30 AM EST

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To: Mason Barge who wrote (7157)10/21/1998 11:10:00 AM
From: The K-man  Read Replies (1) of 10921
 
Mason,

I question whether the asian problem is truely solved. 1st, the taxpayer rescue pack has just been announced and I'm not sure that it will be enough to reinflate their economy from a consumer stand point. From my view till liquidity gets to the little guy and he starts buying its all smoke and mirrors. 2nd, the fed has cut interest rate by a 1/2 point....if that could really fix things it would have been done a long time ago. IMHO, I think there at least one sizable drop left (maybe more) to occur in the equity markets to wipe out the last of the overvalued stocks. I believe we may actually seeing the "suckers rally".....but then again I have been right much lately anyway....my 2 cents......K-man
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