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


To: Joseph Beltran who wrote (6498)8/6/1998 12:27:00 PM
From: Czechsinthemail  Read Replies (2) | Respond to of 10921
 
Joseph,

The price action through the morning today seemed to be favoring the formerly downtrodden, with chip related companies and smaller caps outperforming the Dow stocks for a change.

Strength in the SOX (up 10.37) and Russell 2000 relative to the Dow stocks suggest bargain hunting among the depressed techs. Though the early move has been stronger among the larger cap semi-related companies, it is also apparent among some of the smaller cap semi equips.

For those who like to buy when they are beginning to clean the blood from the streets, we may be coming into that time.

Baird