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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area -- Ignore unavailable to you. Want to Upgrade?

To: Bosco who wrote (2282)	11/14/1997 5:18:00 PM
From: Crossy	Read Replies (1) \| Respond to of 37387

Bosco, yes - this correction shouldn't last for too long since the Black monday drop was of big magnitude. Normally this means recovery is faster on track. Techs in February 97 fared far worse, since the time running down was quite extended. I expect the semi equips in quite good shape from now. Will get into KLIC but a bit later on (probably December). My CYMI recovered most of its losses (I couldn't wait with this one and bought near $23). Now it bounced up 10% to close at 20.75. PLAB also jumped and CTU rallied after the earnings numbers (mixed bag but anyway yesterdays' news) are finally off the agenda. In my region also first rainy & cold day. We had weather like in spring for the last week. That changed abruptly. Feeling like in London (rain , only the fog is missing). best wishes CROSSY

To: Bosco who wrote (2282)	11/14/1997 5:28:00 PM
From: Zeev Hed	Read Replies (2) \| Respond to of 37387

Bosco: WARNING, I have declared GATE a disaster area, see a series of posts on the GATE thread for my reasoning, I believe the stock is headed back to sub 1 territory. I am posting this here since many of the readers on this thread know that I had a positive outlook on the company, but the financing announced after the close today means much lower prices. Be wary, the financial engineers on the street have invented a new type of floorless, the fatser we find out what they are doing the faster they come up with new tricks. Well, today I believe I nailed this one within an hour of the announcement. Zeev