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

To: Math Junkie who wrote (5899)	6/17/1998 4:23:00 PM
From: Fortinwit	Read Replies (1) \| Respond to of 10921

I tried to get some TER July 27.5 Puts (TERSY) on Monday for $2. Came within a teener (and it was the same with the LRCX 22.5s!). Now it's 2 3/4x3 1/8. Oh well. These short recommendations are for very short term trading anyway. Truly the time to short TER was April... F.

To: Math Junkie who wrote (5899)	6/18/1998 8:22:00 AM
From: Mason Barge	Read Replies (2) \| Respond to of 10921

I don't think that it would take much luck for TER to miss a forecast of 34% growth the next couple of quarters. IMHO the lesson to learn from the BTB and KLIC is that earnings are going to tank in the back-end segment the next couple of quarters. Test earnings are much more volatile in the short-term, because of the short order to delivery time. This is why I don't listen to sell-side analysts. Despite its strong market in IC & telecom, TER is trading at a PEG under .5, not because nobody is watching it, but because these forecasts of 34% growth are practically meaningless.