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

To: geoffrey Wren who wrote (6835)	8/31/1998 4:59:00 PM
From: Ian@SI	Respond to of 10921

Geoff, I couldn't help sampling one of those "wine barrels of blood", but PRIA got away from me in 1996. That won't happen this cycle. I took a drink this afternoon at 12 9/16. Several others are looking equally attractive. The market is always wrong - either on the up or down side. I believe that it has now overshot on the down side for many stocks. FWIW, Ian.

To: geoffrey Wren who wrote (6835)	8/31/1998 5:16:00 PM
From: Michael Sphar	Read Replies (1) \| Respond to of 10921

I disagree. The equips still have a long long way to fall. Sad to say. But things are quite grim, worldwide. Who will buy a bunch of semi mfging equipment now ? Korea on brink of collapse has DRAM fabs churning and burning to compete with the Japanese who are doing the same. The over-capacity issue must be worked out. Then when the lines have shutdown or converted and surplus hardware has been sold off to others or for scrap, the requirements for new equipment can bubble to the surface and start the growth phase again. Still too early for the equips to shine. Gird thy loins, this is a biggee. Think 74ish. The sun will shine again but not soon. I'd wait for vociferous blasphemic invectives to be pelting this thread before I'd call it a turn.

To: geoffrey Wren who wrote (6835)	8/31/1998 5:41:00 PM
From: Mason Barge	Read Replies (3) \| Respond to of 10921

I used to post my trades but it didn't seem to interest people so I stopped. I'm out of tech stocks for a little bit (although I'm happy to say I'm short Amazon.com and shorted a nice hunk of Dell after reading the WSJ article this morning). The correction did catch me with 1000 shares of COHU, but they didn't get hurt too much today. Yeah, the blood's really running red now. Time to buy -- no doubt about it. I'm gonna' watch the trend tomorrow.