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Post# of 704041
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Zeev Hed

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Zeev Hed

Re: 5cap post# 16268

Friday, 08/16/2002 10:23:31 AM

Friday, August 16, 2002 10:23:31 AM

Post# of 704041
In edit, finally entered the Q, lousy prices, but what the heck, BRCD at $15.54 (the only "good price), BRCM at $17.80, QLGC $35.10, ELX at $15.75 (also relatively good price) and MERQ at $23.80. Also reentered earlier AMAT at $13.75 and CCMP at $43.90 (ouch).

I thought the same for these reasons (at $7.11 and then doubling up at $4.65), but experience teaches us that value needs to be recognized by the market, and that may take some time. Expect at least another two losing quarters before they straighten the ship again. Added IDPH just above $45 and AMGN just above $47.

Zeev

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