Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Speedfam [SFAM] Lovers Unite ! -- Ignore unavailable to you. Want to Upgrade?

To: Jay M. Harris who wrote (3081)	7/1/1998 8:50:00 PM
From: Proud_Infidel	Respond to of 3736

Jay, Agree with everything you said but am less concerned with Assia than you. Also, I hope you don't get AMAT @ 20 since that would be a huge margin call for me. This downturn truly hurts and everyone that has hung in there deserves the 4-5 fold increase they will see over the coming years. Best of luck to all, Brian

To: Jay M. Harris who wrote (3081)	7/1/1998 10:58:00 PM
From: Donald B. Fuller	Respond to of 3736

Hi Jay, Great post. I have actually been loading up on semi equipment shares right through this down cycle (AMAT, VECO, PRIA, CYMI) and still have a little dry powder yet, because I agree that they are going to be in the dumper for another halfayear at least. The only one that I have not recently increased is our beloved SFAM, due to a concern that they face a double negative: (1) The bottoming equip cycle (2) Loss of market share to a strong competitor The 4 names I mentioned above are all suffering from # 1 but BFD - that'll pass. As far as I can tell, SFAM is the only one also suffering from # 2. Still, I maintain a large chunk of SFAM shares and I'm not selling them either. I believe their high cash reserve and clean balance sheet will not allow too much greater drop and I do think they will be one of the CMP survivors when the cycle turns. My time horizon is 2008. Perhaps I'll nibble a few more SFAM shares if there is a fresh powerful negative reaction to their earnings release tomorrow. In a way, I have a split brain over this. It is a bit of a bummer to see your portfolio halved but I try to totally shift my mind set during times like this to ... how many more shares can I accumulate at these "Blue light special on the semi equipment aisle" sale prices? Don