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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 148.32-3.3%Nov 14 9:30 AM EST
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To: Henry D who wrote (7191)10/27/1998 5:49:00 PM
From: Zeev Hed  Read Replies (2) of 10921
 
Henry, I believe that in the history of the industry we never had a BTB of .57 as we got last month. While it is not impossible that we will get BTB which are even lower, it is not very likely. This industry often has its turn coincident with a through in the BTB, and thus the belief that, maybe, the bottom has been reached. The question investors are asking themselves is, can it get much worse?

Zeev
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