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To: Justa Werkenstiff who wrote (5825)7/11/1998 7:29:00 AM
From: Skeeter Bug  Read Replies (1) | Respond to of 42834
 
justa, nothing is wrong. funny you attack me instead of address the comment. with all the soap boxing you do i'd think you'd be above that kind of behavior. guess i was wrong.

my point was that investors in gen'l are far too euphoric at this point in time regarding the chippies. paying $6 billion for a company that is losing cash at a rate of $1,000,000,000 a year is anecdotal evidence of market irrationality.

since mu's and amat's and utek's industries are all intertwined very tightly, it seems to indicate there may be, even now, irrational optimism priced into those stocks, too.

mu will tank and i believe utek's and amat's will too.

good luck.