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 135.65

-2.8%

10:40 AM EST

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To: Q. who wrote (7389)	12/1/1998 7:46:00 PM
From: Math Junkie	Read Replies (1) of 10921

Re: <<I think that the market has already priced in a 1999 industry rebound to early '98 sales levels. The stock prices are generally at early 1998 levels for small players, and considerably higher for the big semi equips. So I think the bullish action you refer to has already taken place.>> If everyone believed the forecasts, then I would agree with you. But everyone doesn't. All you have to do is read these threads to realize that. Consequently, I do expect a positive market reaction if or when the expectations become reality. Bear in mind also, that by that time Wall Street will be anticipating even better results to follow. This is not to say that there won't be volatility in the meantime. I think the probability of that is near 100 per cent!

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