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

To: Pink Minion who wrote (10144)	2/1/2002 8:59:21 AM
From: Ian@SI	Read Replies (1) \| Respond to of 10921

Sorry for ruining the cheerleading by asking tough questions. Actually, your questions aren't very tough at all. In fact, they are better indicators of an out and out novice who's best ignored until he / she / it develops a basic understanding of the sector. Chip equipment stocks are best buys when P/Es etc are at their highest. i.e. - they're cyclical. almost like clockwork, on about a 4 year cycle, sales and earnings fall off a cliff. Earnings disappear and prices fall; but the ratios go up. Chips are still the leading creator of innovation throughout the economy. As such this sector has grown faster than the economy as it permeates more areas of the economy. That trend remains strong. So far your non-contributions make you quite worthy of being ignored. I'm quite likely to use SI's feature to do that task automatically in the very near future.

To: Pink Minion who wrote (10144)	2/1/2002 9:12:03 AM
From: Robert Douglas	Read Replies (1) \| Respond to of 10921

You enjoy using words like "ignore valuations" , "Greater Fool" , "ignorant" and "bubble." None of these present an argument, all they do is ridicule. If you have such disdain for those who invest in Semiconductor Equipment stocks, why should we, who fall under your insults, bother answering you? I won't give you a long answer, because frankly I doubt you have an open mind, but the short answer is that this is a great industry. It produces, like Ian said, the new technology that is driving economic growth in the world. The pace of innovation in the semiconductor industry makes it such that most equipment needs to be replaced every few years. If you had to buy a new home every five years (or less), do you think homebuilding stocks would be a good investment? Well, I'm going back to my fool's corner and ignore valuations some more. May I suggest you use a little more tact when posting, there really are some very smart people here that you might learn something from?