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Technology Stocks : S3 (A LONGER TERM PERSPECTIVE) -- Ignore unavailable to you. Want to Upgrade?


To: GTC Trader who wrote (11398)7/3/1998 5:38:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 14577
 
Happy Bids, I did not think that either LRCX or VECO would break their recent lows, but both did, so I do not know "how safe" it is to jump in here. If you use a stop loss (I would use 4-11/16, and not show it, namely, use a mental SL, since the MM love to go and pick SL's), then buying here up to 5.125 is a steal, IMHO. I expect a rally in the sector and think that SIII could get to around 7 or so ion the next 6 weeks or so. But, I have been wrong before.

Zeev