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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Jerry Olson who wrote (17752)	4/4/1998 2:20:00 PM
From: Judy	Read Replies (2) \| Respond to of 50167

Jer, I am looking at the semis and semi equip makers and differentiation is occurring that is company-specific rather than across the broad sector. If you recall, in December I posted the proper investment entry points for KLIC, NVLS, TXN ... and eventually the stocks bounced down to those levels and rebounded. Those entry levels were estimated based on the charts and knowing the events at each pivot/key juncture ... but overall was predicated on order pushouts and not downright cancellations. Now please confirm about KLIC. The pushouts due to Asia became outright cancellations. And you suspect, but have not confirmed that the cancellation may be from INTC ... KLIC's single largest customer. Should it indeed be INTC ... KLIC could do a full Fib retracement back to 10-12. Otherwise I'll stay with my read at 17ish. Will look at INTC later. Academic since you already hold May puts, sweets!