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To: The Ox who wrote (2967)10/17/2000 11:40:28 PM
From: James F. Hopkins  Read Replies (2) | Respond to of 3813
 
RE who were smart/lucky enough to buy into these companies during the downturn in 1998, were beyond most people's wildest expectations. Wall St finally
came to their senses this year and now they are going to 'punish' the stocks for having such a wonderful run, IMO. The perma-bears will just cry tulipmania
The reason they ran up so high is in the "cry Tuiipmania"
The perma-bears had more to do with running them up than
the bulls did. They kept shorting and getting squezzed and
when they gave up.. Then the stocks started falling
Prema Bears most always are forced to cover at the top,
The market makers see to taht. When they finaly start
to cover the Maket makers sell short to em.
Jim



To: The Ox who wrote (2967)10/18/2000 10:56:07 AM
From: Dave Gore  Respond to of 3813
 
Valuation on some key semi's very low. Faves: LRCX, PE 8+ and ASYT PE 12+ (earnings due after bell).

ASYT is rated as an A+ valuation by Morningstar.com

Expected to report 51 cents vs. 5 cents last year and stock is way way down. If a 1,000% earnings increase doesn't say good things, I don't know what does. LOL!

LRCX had an excellent earnings report and forecast going forward and was added to the S&P 400. PE is incredibly low.


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