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Technology Stocks : FSII - The Worst is Over? -- Ignore unavailable to you. Want to Upgrade?

To: Joe Dancy who wrote (2158)	8/21/1998 3:44:00 PM
From: rairden	Respond to of 2754

I thought maybe everyone had abandoned ship. I've been averaging down on several holdings but ran outta money way too soon. Sitting now in a very deeeeep hole.

To: Joe Dancy who wrote (2158)	8/22/1998 2:26:00 AM
From: PaperChase	Read Replies (1) \| Respond to of 2754

>>..that long term if you went long here you could do very very well..<< Joe. I have to disagree. FSII is in deep doodoo. AMAT and Tokyo Electron have eaten FSI's lunch and dinner. Cleaning equipment and chemical processing will be the LAST area to recover from the industry downturn. 300MM technology is on hold. Fabs will be closing in record numbers starting this fall and extending thru 1999. Don't believe the bullish statements put out in the mainstream press. Last week, the spin doctors had the empty suits on Wall Street believing that the semi equip industry was bottoming. No way. And for the third year in a row, the "dram scam" is being used to make everybody think dram prices have bottomed or are increasing. Such nonsense...and every year the empty suits on Wall Street are duped by this scam. To be fair, I was wrong about how far FSII's price would fall. But I had the direction right! See my message #2000 Intel is next...to the $50's for starters. Good trading and thanks for reading.