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Technology Stocks : KLA-Tencor Corporation (KLAC) -- Ignore unavailable to you. Want to Upgrade?


To: fred woodall who wrote (1029)3/18/1998 12:16:00 PM
From: Jerry Olson  Respond to of 1779
 
Hi Fred

Nice post<g>...

KLAC is destined to tank..It does have good support at 34, if it breaks it, good bye city...NVLS is in the same boat & so is KLIC...

They reported today on CNBC the the Book to Bill was down again in FEB to .92 on semi equips...it will get worse...Cap Spending is drying up...Asia Can't get credit to buy anything...the banks themselves are vulnerable...

Anyway, i did not come hear to rip KLAC, i'm just giving an opinion based on other semis I follow...I would NOT own a semi or semi equip maker till the carnage is over done...late summer IMO...bottom fishing here will be a losing proposition IMO...

Later