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

To: Joe Dancy who wrote (5276)	5/5/1998 1:45:00 PM
From: Fortinwit	Read Replies (2) \| Respond to of 10921

Speaking of research, I'm interested in what other services people are paying for. Besides Infrastructure, I'm paying for TheStreet.com, WSJ, and Zacks ($150/yr). I find all three useful. I get Briefing.com from Schwab, and I have find this service the most useful (and it's free). Heck, they nailed KLIC last Fall with a sell when if hit $58, and they've made some other really nifty calls. F.

To: Joe Dancy who wrote (5276)	5/5/1998 1:51:00 PM
From: MikeM54321	Respond to of 10921

News from Reuters: >>May 4, 1998 03:46 PM JOHANNESBURG, May 4 (Reuters) - Intel Corp, the world's largest computer chip manufacturer, on Monday repeated its forecast that earnings would bottom out in the second quarter and then pick up. "We see no change to our on-the-record comment that the second quarter would be the trough and that we expect a pickup in the second half," said president and chief operating officer Craig Barrett.<< It appears the analysts have really jumped on this comment recently and suddenly are re-starting coverage of equipment makers. It's amazing how much weight Intel has with their comments. But can Craig Barrett really forecast whether the slump with the Asian Tigers is really over or not? I seriously doubt it when the world's top economists can't forecast it. Lately their stock markets have been hit with another round of selling. Still appears somewhat scary to me. But I certainly don't know what is going to happen. But everyday it seems they are hit with 2 or 3% losses. It's very difficult to call the bottom and I'm guessing a lot of analysts simply are basing their outlook on statements by the likes of Intel. But who cares if they are accurate or not. If a bunch of analyst say it's turning around, the is all that really matters for stock prices to appreciate. It's perception that counts in this volatile market. Thanks everyone for the interesting opinions and commentaries. MikeM(From Florida) PS I wish we could get rid of that big "BLOOD" title somehow. A better title for this thread would be, "Semi-Equipment: Timing the Cycles"

To: Joe Dancy who wrote (5276)	5/5/1998 2:00:00 PM
From: MikeM54321	Read Replies (1) \| Respond to of 10921

More news from Reuters: >>May 5, 1998 10:19 AM BEIJING, May 5 (Reuters) - Intel Corp INTC chairman Andrew Grove on Tuesday announced plans to invest $50 million over the next five years to build an information technology research centre in China..... Grove, also chief executive officer of the U.S. microchip giant, said the Asian economic slowdown had been a factor in the firm's recent slower revenue growth. "The slowdown of economic growth in Asia has contributed in a measurable fashion to both...our slower revenue growth and the PC industry's lower growth expectations," he said. "Frankly, I don't think the Asian situation is likely to be remedied in very quick order," he added. But the Intel chief said he viewed China as a long-term investment and a country likely to eventually become the world's second or third largest market for PCs.<< Interesting comments from Craig's boss. Sounds like Andy Grove is thinking recovery will take longer than Craig does. I like Grove's frank statements. MikeM(From Florida)