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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: jtechkid who wrote (20302)	6/12/1998 7:02:00 PM
From: shane forbes	Respond to of 70976

(np) jtechkid: Re: who were those fools ripping offers at 38-39. Boy I wish I knew! You are smart to take advantage of those things though. People are deathly afraid they will miss the l/t run-up and until there is full time 'capitulation' (what a great word) there will be wide enough ranges to make trading worthwhile. Meanwhile plenty of bargains galore - it's a firesale out there - many semi-equips, small caps, chip stocks, turnarounds, stocks beginning with the letter B, you name it - amazing what panic does to people (and the threat of margin calls presumably and China devaluation and Japan etc etc) Really waiting for the BTB... Shane.

To: jtechkid who wrote (20302)	6/12/1998 7:46:00 PM
From: Teri Skogerboe	Read Replies (1) \| Respond to of 70976

Re: "Dollar cost averaging". I went ahead and nibbled a little more today on KLAC... bt at 24-7/8. ...My plan is to buy more all the way down, more or less, and I won't be at all surprised to see it at 18ish within the next 3-4 months. I still think you're too bullish on this group (for now). Taiwan, the last bright spot, has overbuilt... that's going to hurt AMAT and ASMLF and not in a small way. I think Taiwan is sitting on more capacity than they know what to do with. The only reason I bought some KLAC today was because I viewed it as a compelling value. I still fall firmly in Aki, BB, Jacob and Shane's camp that there is a very high likelihood that we really "ain't seen nothing yet". I will be very shocked if this downturn doesn't make the '96 downturn look like a pussycat. And I may just trade the KLAC on a rally... not sure. That reminds me of what Jacob said about being flexible... During this whole charade, I've been long, short, and everything in between, but definitely remain flexible -g-.