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


To: HB who wrote (5194)4/21/1998 1:20:00 AM
From: William Nelson  Read Replies (1) | Respond to of 10921
 
Check out the first posting on this thread:

"In April, under the Tencor thread, I predicted that the semi
equipment stocks would test their January and March lows."

It's April...we had severe January lows (tho not March)...
could history repeat itself? I've been kind of discouraged
by how high these stocks have stayed given the news. I'm
curious whether the thread thinks we may head further down...
after all, forward p/e's are likely to be not so hot.

I think there's enough chance of it that I haven't bought much yet.
I'm thinking boredom might set in and people who thought they
would hold till the next peak might bail.