Semi-Equips - Buy when BLOOD is running in the streets! Message Board

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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!

LRCX 159.13

-4.4%

3:59 PM EST

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To: Joe Dancy who wrote (7244)	11/3/1998 5:03:00 PM
From: sammaster	Read Replies (2) of 10921

when do turnarounds in the semi-equips begin in the past?(i mean price action not sales...etc) when book to bill moves up or above 1? when layoffs slowdown or at peak of layoffs? one would think with all the recent layoffs that the industry is still going downhill.... do stock prices usually base or does it spike like it has recently? seems like too many were quick to acknowledge a turnaround which is too optimistic....dont turnarounds occur at peak pesimism? which is after all optimists have sold? if things were looking better wouldnt the companies be slowing down their firings knowing that business was getting better soon? as soon as the semiequips tank again and the recent rash of firings and shutdowns slows down..i think i will buy... turnaround already factored in at these prices samir

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