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

To: Suresh who wrote (30536)	12/6/1997 2:27:00 PM
From: j g cordes	Respond to of 58727

Suresha.. We've been chatting on the Korean situation, in particular Samsung. This article shows the current conflicts of S.Korean ambitions and capital. In particular make note of the projected expansion dollar amounts versus the free cash flow (profits of 196 million) versus the debt borrowing needs... it won't fly. sumnet.com Jim

To: Suresh who wrote (30536)	12/6/1997 3:31:00 PM
From: Tom Trader	Read Replies (2) \| Respond to of 58727

>>I want to buy into lot of semi's when the whole world hates to touch them<< Hi Suresh--I have found over the years that the approach that you have suggested re the semis works for most sectors. In one of my retirement accounts I buy stocks in quality companies within a sector that is really washed out when no one wants to own them and then hold until I obtain a return between 20-30% -- I then cash out and go back into money market funds until the next opportunity presents itself. Have done it over the years with oil, utilities, tobacco, airlines, tech sectors and so on. It is a very simple contrarian approach but it works everytime though one may go through a period when the value drops even further. Washed out sectors at this point are the semis/semi-equipment makers, dd makers, HMOs', gold mining stocks and to some extent the net-workers with the notable exception of CSCO. Am looking to go long the semis/ semi equipment, dd makers and HMOs before the end of the year. >>PS: News for gold bugs; Indonesian banks sold all their gold holdings and they have purchased US bonds from the proceeds<< I was way too early getting into gold and have paid the price -- but the sale by CBs' of their gold reserves is an almost classic indication of a bottom sooner or later and the move into bonds probably suggests a top of some consequence in the bonds. I have too much in gold stocks otherwise I'd buy some here based on the washed out sector premise and be out if I get a return of 20-30% Regards

To: Suresh who wrote (30536)	12/6/1997 5:02:00 PM
From: Jerry Olson	Read Replies (1) \| Respond to of 58727

Hi Suresha Want to buy the beaten up semis huh?<gggg>.. Hey i'm thinking the worse is over but this Quarter could have problems...I think after the first Q of 98, we will begin to see fast moving stocks in the semis sector... Semis stocks right here thru earnings, mid to late Jan may move sideways till a clear direction is known by the market... Things are still NOT over in the Far East, trust me on this... However you & I both know the street is usually early in there buying in general when they think they can sneak in and buy these stocks for practically ZIP!!! I think the right conclusion should be this::: buy a half position in the stocks you love<g>...wait and watch and see what unfolds...I truly believe the downside risk is MUCH less than the upside rewards...if your buying options buy in the money and Julys or Aug... I can tell you from my "limited" knowledge of this group that mid to late next year will be the most extrodinary explosion of these tech stocks we've seen to date...I feel that ALL of these stocks will already be double from here... The July reporting period will not only signal the complete turn around in this sector, but also give forward looking guidence as to the future... I hope this helps my friend, and best of luck to you, Jerry