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Technology Stocks : FSII - The Worst is Over? -- Ignore unavailable to you. Want to Upgrade?

To: Joe Dancy who wrote (2043)	6/30/1998 1:08:00 PM
From: Kent Sarikaya	Read Replies (1) \| Respond to of 2754

Joe, remember maybe about 2 months ago... one of the Japanese firms announced it would be building a new fab over a billion in costs. I think it is supposed to start construction next year. By the time that building starts the rally in techs should be on its way. At that point FSII should go into a trading range instead of flat lining. And then as more positive news comes out move into higher trading ranges. I agree with Don about these stocks. They will recover later than the other tech stocks, but I think that seems to be the case in these companies. Maybe the rally starts inventories clear, capacities are maxed and then the orders for equipment take off.

To: Joe Dancy who wrote (2043)	6/30/1998 1:18:00 PM
From: Kent Sarikaya	Respond to of 2754

It has been mentioned numerous times lately to sell into this next mini rally. That the Fall is going to bring a major correction in response to weaker than expected earnings because of Asia. This should be like the last night of a bad flu, where body temperature runs very high before it breaks and you get better. I think after this correction is going to be the slow start of the transition into mid and small caps and after the new year the next tech rally will start. This is based comments I have heard and read from various pundits on CNBC, and internet trading sites. It seems to make sense to me. Of course it makes sense to sell into it if you are profitable. No matter what happens, I guess I'll be sitting there doing the usual holding for dear life and waiting.