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Technology Stocks : KLA-Tencor Corporation (KLAC) -- Ignore unavailable to you. Want to Upgrade?


To: Night Writer who wrote (1552)1/18/2001 2:44:51 PM
From: nasdaqian  Read Replies (1) | Respond to of 1779
 
I have no idea what it's going to do. I bought a bunch of it at 26 and am quite pleased with it so far. My comment about KLAC becoming more conservative just tends to reinforce the idea of the market softening.
I tend to think now semis are trading stocks and wouldn't be surprised if they revisit their recent lows.



To: Night Writer who wrote (1552)1/19/2001 11:45:06 PM
From: Math Junkie  Read Replies (1) | Respond to of 1779
 
Three to six months is not always long enough. If you're going to trade semiconductor equipment stocks, then you might have to hold on for more than a year if you buy at a cycle peak. I added to my AMAT position in the summer of '95, and it took about a year-and-a-half before I was back to even. Of course, that was at $13/share, so time heals all wounds as long as you stay away from the small caps in this sector.