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To: Ron McKinnon who wrote (15911)	8/18/1998 10:09:00 AM
From: DanZ	Read Replies (3) \| Respond to of 53068

Semiconductor stocks. The entire SOX has put in a base IMO and I think that a move through 270 would set up a huge rally in the SOX stocks including AMD, LSI, TER, NSM, and VLSI which you didn't include in your list. I also like LRCX and INTC. NSM is testing the upper daily bollinger band near 14 1/2 and a move through there would give a new target of 16 1/2.

To: Ron McKinnon who wrote (15911)	8/18/1998 9:02:00 PM
From: DanZ	Read Replies (1) \| Respond to of 53068

NSM, ERICY, VLSI, LSI. Ron, NSM is on the verge of a breakout with a target of 16 1/2 if it clears 14 1/2. I bought for the Z yesterday at 13 3/16. I'm currently long and have been in and out of it a few times this week. The stock acted very well on pullbacks today and closed near it's intraday high. I'd look for continued strength. Just curious where you saw the ML upgrade. I can't find it on any news wire. Do you have a link? What's good for ERICY should also be good for VLSI since Ericsson makes up about 1/4 of VLSI's revenues. The charts look very similar. I see VLSI testing 15 again if the SOX continues strong but I think it will have a hard time getting through there because it was major support before it broke it a couple of weeks ago. If VLSI does get through 15, I think it could go all the way back to 20. LSI closed right on the lower daily bollinger band today. If it gets below 18, I might bail on my position...bought today at 18 9/16. It still looks good but is trading at an important support level. If it gets through 18, I can see it dropping back to 17 which it briefly traded at in July 96. I can't imagine the stock not rallying with the SOX and it looks like a great buy with a close stop. For those willing to risk a little more, I'd go with at stop at about 16 5/8.