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Technology Stocks : Kulicke and Soffa -- Ignore unavailable to you. Want to Upgrade?


To: PawPr who wrote (2304)12/11/1997 12:29:00 PM
From: Donald L. Dominicci  Read Replies (1) | Respond to of 5482
 
Bruce This is not silly it is sell something or go to jail!! These stocks are selling @ less than 50% of what they were just 2 months ago. I am not a rocket scientist but it appears this group has a touch of overkill. I have not read any article that forecast chip demand will be negative any time in the future. If demand continues to grow @ the current rate, someone some place will need more eqpt. To meet that need. Anyone that buys during this "BLUE LIGHT SPECIAL" will be happy campers over the next year. BEEN THEIR DONE THAT Don



To: PawPr who wrote (2304)12/11/1997 2:53:00 PM
From: Andrew Hunter  Read Replies (4) | Respond to of 5482
 
This isn't a selling climax. You're seeing the middle of it. Don't buy now. Asia isn't going to go away. More companies are going to warn, and each warning will ripple across the sector, driving prices lower. Be careful bargain hunting, even at these levels. Tech Bulls were talking bargain hunting last week too. That would not have been wise. Similarly, it is not wise to hunt for bargains now. Prices are still being slashed. Wait for a bottom.