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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?

To: Ross who wrote (9070)	12/3/2000 10:23:26 PM
From: Zeev Hed	Respond to of 10921

Both LSI and SSTI are already under my bear market "fair values" (I was asked some two month ago what would be a fair bear market value for SSTI and my response was $15), well we are already at $11 or so on SSTI. Frankly, it could go much lower since the market may value it now as a "commodity" stock and a highly cyclical one (I am not sure the market is right here, but in an argument between me and the market, it always win). My strategy would be to buy on a break out and after a good basing period. If you are looking for very long term investment, and have no fear that someone like INTC, AMD, ATML, FLSH and countless foreign producers will eat their lunch, then you may want to put orders at a little at $10, more at $8 and even more at $6, eventually, in the next bull move, I believe that SSTI may have earning power of $4/share in two years and a 25 bull market PE should get you an excellent long term return. I think a very similar story can be told about LSI (it is now a "falling knife"). Zeev