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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?

To: jsabelko who wrote (3765)	12/12/1997 1:48:00 PM
From: HB	Respond to of 10921

Thanks for the responses, Scott & Joby. I'm in BRKS with a first bit, too. More around 10, perhaps (hope not!). I want to make sure I get some PRIA exposure in the automation sector, though. I bought some BEARX yesterday (had tried for the close the day before, not used to these open-end mutual fund thingies :-() to hedge the dip-buying I've been doing. Dow and S&P could have a long way to fall, and I don't think semi-equips will respond very postively to this, even if book value cushions their response somewhat. Guess I should really be shorting the S&P in some form, but BEARX should prove somewhat more of a direct tech hedge. Here's what they were short Sept. 30, per another SI poster: exchange2000.com Includes some semi-equip (I note LRCX, NVLS... but hey, maybe he's covering... wouldn't count on this.) But also some crap of the sort I don't have the $ & cojones to short on my own, as well as some dow stuff, etc.. Any thoughts on the wisdom of using a hedge like this? SFAM looking cheeeeeeeaaaaaaaaaaaaap! Howard