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Technology Stocks : Tower Semiconductor -- Ignore unavailable to you. Want to Upgrade?

To: Don Walster who wrote (640)	12/16/1997 11:34:00 AM
From: virgil vancleave	Respond to of 1853

thank you for reposting. that is a must read for all interested in tower. the nice reversal we just saw could very well be an indication that we are at or very near the bottom. that is on a technical analysis approach. fundamentally, we are quite undervalued but the more i study ta, the more i realize that fundamentals do count but not all the time. that fact is what makes it possible for people like us to see the opportunity and make money. just a side note but looking at some other indicators (ie other stocks and even gold and bonds) it appears to me that we are emerging from what could have been a little recession of sorts. kind of weird and short lived but i may be on to something here. i have been on the sidelines except for tsemf and creaf for a few months now and thinking that it may be close to the time to become fully invested again. will have to watch a few more things and see. hope it goes well for us all. good luck