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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (26838)10/24/1997 11:20:00 AM
From: Muizz M. Kheraj  Read Replies (2) | Respond to of 58727
 
My god!

The semis are getting too cheap. But, instead of bargain hunting now, I'm afraid of trying to catch a falling knife. TXN looked cheap yesterday, down 7 today. AMAT looked great yesterday, down 4. When will the carnage end????

On another note, what is everyone's (anyone's?) opinion on Vivus? Stock has taken a beating since posting a high of 42 . . . now at 30, but with business still very strong.

Muizz



To: Jerry Olson who wrote (26838)10/24/1997 11:21:00 AM
From: Autumn Henry  Read Replies (1) | Respond to of 58727
 
Jerry, "they" are in a big D**n hurry to get these semi techs to tank. They picked a very weak time to tank them further. I think it is because the inflows are coming in (verified on cnbc) and they WANT THEM CHEAP and THEY WANT THEM SOON and they WANT THEM TO HURRY UP! Reminds me of the summer network scare. Wanna bet these stocks go back up to high levels by Dec?

Keeping an eye on when they are done tanking for the ride up.

Autumn

those like txn and any in the 50's or above look over priced.....:)



To: Jerry Olson who wrote (26838)10/24/1997 11:21:00 AM
From: John Sikora  Read Replies (1) | Respond to of 58727
 
Jerry,

I do think they are cheap....From where I sit the upside is large and the downside is minimal...Markets look ugly in general here, but 3-6 months from now these issues should be a LOT higher. AMAT CC will be watershed event for the whole group. I've resisted buying so far but at these prices it's hard not to pull the trigger...

john