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


To: Kirk © who wrote (53496)8/30/2011 4:18:40 PM
From: Jacob Snyder4 Recommendations  Read Replies (1) | Respond to of 95735
 
LRCX is $21 below the 2011 top, and 23$ above the 2008 low (from today's close), so the LT upside vs. downside potential is about equal. The stock peaked only 6 months ago; down-cycles are never that short. It's a great company, and the stock is on my Buy List, but if I was going to do anything with it today, I'd short it. And then, if it went up, I'd short more.