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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 160.94+1.1%12:45 PM EST

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To: Jerome who wrote (7254)11/4/1998 3:01:00 PM
From: Greg Jung  Read Replies (1) of 10921
 
Consider the numbers

120 124 .... 80 85

the increase in the second pair is 88% greater than the increase
in the first (derivate of a derivative). Is it a coming boom? Maybe the appropriate level is 90 maybe 100 or maybe 75. It is silly to go combining small pairs of numbers to invoke some cosmic economic trend that is, btw, quite contrary to the fortunes of the semi-chip companies' bottom line. If such an analysis gives you goosebump desires to buy such stocks, you need to study things more carefully.

Greg
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