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

To: Curlton Latts who wrote (15422)	3/5/1998 12:52:00 AM
From: Mr. Aloha	Read Replies (1) \| Respond to of 25960

I think it's pretty obvious tomorrow won't be pretty... I also think it won't be a one day event. I'm hoping to buy someone's panicked shares and roll them over for a quick profit. I share Candles view that techs are in for a rough ride. I think we should always listen to negative and positive views.. When we get news like this... Intel gloom hits Taiwan stocks, index ends down TAIPEI, March 5 (Reuters) - U.S. giant Intel's (INTC - news) warning of slowing earnings hammered Taiwan's electronics shares on Thursday, dragging the wider market to a sharply lower close and prompting analysts to warn of further declines. * Closing: down 212.22 points/2.36 percent at 8,765.32 * Turnover: brisk at T$182.8 bln vs Wednesday T$186 bln Electronics, whose opening fall was cushioned by an overnight rise on the U.S. Nasdaq index, fell ever harder as word of Intel's glum outlook rippled through the market. -------- I think tomorrow's action is clear... We just don't know how hard etc.. This is the second wave of selling before the true bottom in my opinion. Look at the charts of AMAT and MU in 1995-1996. A fake rally in mid-stream... quote.yahoo.com I shouldn't have closed the recent short on AMAT, I was nervous and bored with it. :-) Aloha