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

To: Mason Barge who wrote (7157)	10/21/1998 11:10:00 AM
From: The K-man	Read Replies (1) \| Respond to of 10921

Mason, I question whether the asian problem is truely solved. 1st, the taxpayer rescue pack has just been announced and I'm not sure that it will be enough to reinflate their economy from a consumer stand point. From my view till liquidity gets to the little guy and he starts buying its all smoke and mirrors. 2nd, the fed has cut interest rate by a 1/2 point....if that could really fix things it would have been done a long time ago. IMHO, I think there at least one sizable drop left (maybe more) to occur in the equity markets to wipe out the last of the overvalued stocks. I believe we may actually seeing the "suckers rally".....but then again I have been right much lately anyway....my 2 cents......K-man

To: Mason Barge who wrote (7157)	10/21/1998 6:59:00 PM
From: Jess Beltz	Read Replies (2) \| Respond to of 10921

Mason: It is truly not clear whether the Asian situation has bottomed or not, but I don't think it will get much worse. I now think that Japan will survive economically. I also think that most of the potential future negative news vis-a-vis semi equipment stocks is already in the share prices. The bottom in order declines and the BTB ratio may persist for a quarter or two, but everyone already knows it and the share prices reflect that. The first sign of an uptick could be very explosive indeed, and if one isn't already in the stocks, a great few days will be missed. Right now I'm long the following: 300 CYMI, 1,000 ASYT, 1,000 CIEN, 1,000 AWRE and 1,000 SWLDY. Good luck. jess.