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


To: Q. who wrote (7696)2/24/1999 3:28:00 PM
From: Q.  Read Replies (2) | Respond to of 10921
 
Novellus announced a secondary offering today. Several semi equips did this at the top of the last stock peak for this sector. It was just about the only indicator of a top that I could point my finger to, after the fact.

If we see a few more secondary offerings, I think it will indicate we are at a substantial risk of being at the cyclical top.