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Technology Stocks : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?

To: ItsAllCyclical who wrote (11797)	12/21/1997 11:28:00 PM
From: Tulvio Durand	Read Replies (2) \| Respond to of 25960

A must-read Fortune Dec 28 upbeat article on techs. For those that don't have time I have excerpted chip-maker equipment relevant material below. Merry Christmas to all. Tulvio ******************** pathfinder.com [Excerpt] >>>Ron, what stocks excite you right now? Elijah: The chipmaking-equipment stocks are a huge buying opportunity. I called up Micron, which makes DRAMs. What are they going to do? They spent $600 million in capital equipment in 1997 and they're going to spend $900 million in 1998. They've got to, the equipment that was leading-edge two years ago is now behind, and if you don't upgrade, you're out of business. That means good things for the equipment companies. McNamee: Those stocks were also huge performers. Doerr: They're all up 50% for the year--minimum. Elijah: Yeah, they were up 100%. I own Applied Materials. I own Novellus. I own KLA-Tencor. I own Lam Research, which is working itself out. I own Asyst Technologies. What about the chipmakers themselves? Elijah: A gradual recovery. I own National Semiconductor, Altera, Intel, Linear Technology. We've had a significant correction and a multiple contraction too, so I think we're in a great spot to be investing in chip companies right now.**<<<