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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Clint E. who wrote (18469)	11/20/1998 11:32:00 AM
From: mattie	Read Replies (1) \| Respond to of 67845

PFE looking good. About to pop. Small rotation from techs to drugs.

To: Clint E. who wrote (18469)	11/20/1998 11:45:00 AM
From: Iris Shih	Read Replies (1) \| Respond to of 67845

Clint, It must be the age thing, I guess. Nice to hear you are feeling better. I was so nervous holding some nice profits yesterday that I just sold them and went out with son. We really had a good time yesterday. Even it meant I missed the breakout of athm. Some promising news regarding semis. Per Briefing.com: 10:17 ET Applied Materials (AMAT) 38 15/16 +11/32: Needham & Co upgrades issue from "hold" to "buy," based on "clear indication that bookings have bottomed" as evidenced by latest book-to-bill information and acknowledgment that the company represents 40% or more of all U.S front-end bookings. BILLERICA, Mass.--(BUSINESS WIRE)--Nov. 19, 1998--PRI Automation, Inc. (Nasdaq: PRIA - news), the leader in semiconductor factory automation, today reported financial results for the fourth quarter and fiscal year ended September 30, 1998. PRIA:''Our results for the fourth quarter and the fiscal year reflect the impact of the prolonged downturn in the industry,'' noted Mitch Tyson, president and chief executive officer, PRI Automation. ''But we believe that this may be the bottom of the cycle and that business conditions are beginning to improve.'' I have accumulated some Taiwan semi foundry, test and pc stocks since last month. They have taken off nicely recently. I read somewhere that the 64 meg DRAM makers in Taiwan have difficulty meeting demands. If business is really picking up, they will start buying equipments, right? Anyway, I also have some semi euqipment maker stocks here. They are in my long term investment account. Might just cost average buying them gradually. Look at etec and pria. One predicted depressing outlook and one just missed target. But they both hold up well. Iris