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

To: nnillionaire who wrote (4786)	2/9/1998 9:48:00 PM
From: Ramsey Su	Read Replies (2) \| Respond to of 10921

Dennis, don't forget that another month has passed since NVLS and others reported. Look at QCOM, a month ago when they released their earnings, there were no problems. Then Korea just sank them. Things are happening so quickly that there could be bombs on a daily basis. Example. Over the weekend, the Korean trade unions reached agreement with the government and Korea Inc., allowing layoffs. I thought that was great news and Korea should be first to recover from the Asian flu. Then today, the rank and file rejected the agreement. Instead of road to recovery, we are looking at the possibility of a massive strike as early as this weekend. The last time Korea had one of these, I believe the damage was estimated to be in the billions. These are indeed interesting times for companies that have a heavy presence in SEA. My bet is that AMAT would not have anything positive to say. Ramsey

To: nnillionaire who wrote (4786)	2/10/1998 9:01:00 AM
From: Mason Barge	Read Replies (1) \| Respond to of 10921

<<NO Slowdown seen yet in Asia, except Japan>> How about Korea? Do you not do business there, or are they really buying your product? PS - People are overstating my pessimism about AMAT. I do think their report today will probably be negative in some respects, and can realistically imagine it will be quite bad, so I'm staying away except for a small short position. But it could be okay. I just see a realistic possibility of a debacle and don't want to get caught. There is some difference from NVLS, in that AMAT has had time to absorb some earnings impact from lost sales. But more important than the numbers, or their subjective opinion of the future (both of which are important, don't get me wrong), is their backlog or btb figures, which predict the future and aren't subject to as much spin control as subjective predictions in the CC.