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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Barry Grossman who wrote (69499)	12/6/1998 10:31:00 AM
From: Tony Viola	Read Replies (2) \| Respond to of 186894

Bary, Ibexx, You guys make me want to "tout" a bit too. One sector I've learned a lot more about in the last few months is the semi equip one. When this group moves, look out. My wife "coaxed" me into going to downtown San Jose on a 100 degree Saturday this June to see Michael Murphy (I know) and a couple other analysts. Murphy's style was to buy the high tech gorillas, specifically Intel (OK) microsoft, Cisco, Oracle(?) and AMAT. AMAT and the semi quips were languishing in the worst downturn in 40 years, some said, with nobody predicting the bottom, except maybe 1999 sometime. I figured to buy sometime 4Q. My wife pulled the trigger in July, I said WHAT?, it went down but has been straight up ever since. Sure, a lot of stocks have, but not in sectors that were at the bottom. These stocks, I've figured out, are a group a lot of investors want to have and look for any reason to buy them. I have never heard anything particularly stellar about any of them from friends that have gone to work there, they have a high attrition rate, lots due to layoffs, but they go up! Teradyne is a good company I have over 20 years experience with as a customer, KLAC and Novellus also do well. These stocks have jumped a lot since Oct. 8, but some could add 50% or more still, based on past performance during turnaround periods. Someone on the AMAT thread said they are like the tip of a whip, where the semi companies, like Intel, are the handle. The idea, of course, is when the whip is cracked, the tip moves a lot faster than the handle. Maybe. My 2¢, Tony