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Technology Stocks : FSII - The Worst is Over? -- Ignore unavailable to you. Want to Upgrade?

To: Donald Wennerstrom who wrote (1548)	10/25/1997 12:22:00 AM
From: Kent Sarikaya	Read Replies (3) \| Respond to of 2754

Don, what a memory. Yep, this is right where I sold and believe me I thought long and hard about that today. I put my additional money into AFLX last Thrusday after they had very good earnings, positive outlook for the future and improving margins. Then all the mess started. There are many bargain looking stocks out there. This craziness could carry on. Tonight's the first night in a long time when Lou Rukyser didn't look so happy or positive. I think he wanted to be, but knows this could trigger the big fear factor and who knows where things could go. I will be watching the Hong Kong market Sunday night to hopefully breathe some relief. If it holds up then I think we will be ok. If today was just a dead cat's bounce over there and selling picks up Monday, I don't know how much more we could go to, if 25% wasn't enought perhaps 30%. Unfortunatley, much of the street is run on psychology and fear instead of pure logic and numbers. This is the kind of stuff the bears have been looking for so they could justify being out of the market the last several years. No doubt though that the techs have taken a major beating and I'm surprised more aren't out saying the techs have corrected, that has me worried also. Sorry to be down, but a very disappointing week when I expected a much different one. Hope the worst is behind us! I don't want to end on a negative note, but many beaten stocks did close up quite a bit from there lows for the day. They were highlighted on CNBC during the market wrap.

To: Donald Wennerstrom who wrote (1548)	10/25/1997 3:18:00 PM
From: Donald Wennerstrom	Read Replies (1) \| Respond to of 2754

To All, This is an update to my post 1545 showing a comparison of each stocks highest close price since 1 July compared to the closing price of last Friday. RECENT HIGHEST 10/24/97 CLOSE CLOSE PERCENT SYMBOL COMPANY PRICE PRICE CHANGE MICN Micrion 27.50 25.88 -6 IMSC Integrated Measurement Systems 19.38 18.00 -7 WJ Watkins Johnson 37.25 31.63 -15 UTEK Ultratech Stepper 34.38 28.25 -18 NANO Nanometrics 13.63 11.19 -18 ASEC Aseco 18.88 15.13 -20 GGNS Genus 7.88 6.25 -21 COHU Cohu 56.00 43.00 -23 SUBM Submicron Systems 4.44 3.38 -24 TGAL Tegal 11.25 8.44 -25 HELX Helix Technology 64.38 48.25 -25 NVLS Novellus Systems 64.69 48.38 -25 PHTN Photon Dynamics 8.38 6.25 -25 ETEC Etec System 58.25 42.63 -27 FSII FSI International 23.19 16.69 -28 MTSN Mattson Technology 16.00 11.38 -29 TER Teradyne 58.75 40.88 -30 KLAC KLA Instruments 75.63 52.38 -31 LTXX LTX 8.19 5.63 -31 SVGI Silicon Valley Group 37.75 25.88 -31 SMTL Semitool 26.88 18.13 -33 PLAB Phototronics 62.75 41.50 -34 GSNX Gasonics 23.06 15.19 -34 BRKS Brooks Automation 39.69 25.94 -35 SFAM Speed Family 60.38 39.25 -35 VECO Veeco Instruments 72.50 45.88 -37 ASYT Asyst Technologies 47.25 29.88 -37 PRIA Pri Automation 58.50 36.75 -37 AMAT Applied Materials 54.00 33.26 -38 IPEC Integrated Process Equipment 37.19 22.25 -40 CFMT CFM Technologies 40.00 23.00 -43 CMOS Credence Systems 54.13 30.94 -43 LRCX Lam Research 66.31 37.44 -44 EGLS Electroglas 35.25 18.94 -46 WFR MEMC Electronic Materials 38.75 19.69 -49 KLIC Kulicke & Soffa Industries 57.25 28.13 -51 TRKN Trikon Technologies 11.50 4.88 -58 TOTALS 1431 961 -33 Last week the average loss was 23 percent, this week it is 33 percent. The market is very oversold, but maybe it will still go lower before it goes higher. Certainly 2 weeks ago was the time to go short or buy lots of puts! Don W.