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.

Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Katherine Derbyshire who wrote (23184)	8/21/1998 10:58:00 AM
From: Rock	Read Replies (2) \| Respond to of 70976

Katherine, Beat-up sectors? Try AG equipment (e.g. Deere, New Holland) or Oil Services (e.g. Halliburton, Tidewater) or Latin American anything (e.g. Mexico Fund, Telebras) or basic materials (e.g. Titanium metals). Many sectors are losing. However, none of these losers have quite the visibility of the semiconducter companies so they're easy to forget. Rock

To: Katherine Derbyshire who wrote (23184)	8/21/1998 11:38:00 AM
From: John L.	Read Replies (1) \| Respond to of 70976

How about the oil service companies, I like GLM and HEC, this group has been pounded. We all use oil so GLM will go up in value when ther drilling platform rates increase which probably will happen before semi's recover. HEC has been aquiring reserves in Columbia which should be valuable down the road unless political unrest causes them problems. Let me know of any other sectors you come up with, I am in semi equip's largely and have been looking for areas to spread my portfolio.

To: Katherine Derbyshire who wrote (23184)	8/21/1998 11:57:00 AM
From: Paul V.	Respond to of 70976

Katherine, The DW Market and Sector post I make weekly and their individual chart show that the Oil Services and Oils have gotten slain. The Sectors are in their 10's. Refer to my DW weekly Market and Sector Spreadsheet post under my profile for previous posts. Hallburton and Schlumberger (SLB) in the Oil Services Sectors are the Gorilla's and Oil with EXXON the Gorilla. Precious Metal is Barrick Gold (ABX). Naturally, in technology it is INTC, CSCO, MSFT and AMAT. When AMAT hits $19.5 it will be down 63% from it $54 high which will be equal to the fall of AMAT from it high ($60)in 1996 to $21. Hopefully, we will be able to pick up AMAT at the low $20 and even slightly lower. IMO, everyone should be ready to get as much cash as possible if it goes this low to purchase AMAT if it go this low. Just my $.02. Paul V.