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Technology Stocks : Asyst Technologies (ASYT) Good Value/Where is the Bottom?

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To: Navigator who wrote (1164)10/23/1998 7:30:00 PM
From: advinfo  Read Replies (1) of 2313
 
I speak from experience because I got caught in it last year in Q4--a very painful experience.

Painful indeed. The correction hit in late October last
year, leaving year end for the painful house cleaning.
This year is different, we have had two SERIOUS meltdowns
already where many were capitulated. IMHO, much of the selling
has already taken place, mostly for capital preservation
purposes, with tax considerations being an after thought.

The Fed actions have done wonders for market sentiment.
IMHO, we conclude the year with strength.
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