Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: HoodBuilder who wrote (4550)	1/22/1998 10:21:00 PM
From: Raymund W	Respond to of 10921

Michael: My suggestions are for investors (long), not necessarily for "traders," though I suspect both will do fine with them. Of course, if the entire market takes a major plunge, they might suffer, though I think less than the market as a whole (since they are already beaten down). Also, they likely would recover more vigorously. Ray

To: HoodBuilder who wrote (4550)	1/22/1998 10:52:00 PM
From: Carlson	Read Replies (1) \| Respond to of 10921

Michael, I would be curious to know what strike prices and months you wrote your covered calls on. I previously sold the KLIC April 30 calls but at this juncture it appears extremely unlikely that they will be exercised. In the conference call today Scott K. mentioned that in the future he expects substantially fewer players in the semiconductor equipment industry. He referred to them as "consolidators" and "consolidatees". I note several semiconductor equipment companies are now trading for near book value. Any thoughts on what business combinations would make stragetic sense (ie Novelles/Lam). I note several companies on a pure earnings basis would be trading substantially lower than they are now; do you feel that the book value sets a floor on how low the stocks can trade. Your thoughts will be appreciated.