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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: SpecialK who wrote (1121)9/6/2001 12:59:52 AM
From: Sun Tzu  Respond to of 95530
 
Thanks. I've wondered about this "good news" to come tomorrow. The way I see it, if it is anything but, the stock will tank. If it is ok, then the market pressures will keep my losses in check. I doubled my short position after the gap down in mid August. To me that was a real break down of the stock that had been so resilient. If I see a move below 29 after 1:30, then I'll add more to my position. As a general note, I think most stocks with P/S of over 3.5 are overpriced in today's environment. It's just that some of them were at P/S of over 20 not too long ago and people have a hard time believing they are still overvalued.

good luck with the house,
ST