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Thanks Steve!

I appraciate your response to my post. My original post didn't come out on paper the way I understood it in my head. I have that problem sometimes! hehe... It is definately interesting as to why the stock moves so closely with the industry. I mean, logically (If that ever applies when watching a company) it should do better when the chip industry on a whole is in a downturn. Of course, this wouldn't hold true in all situations. Especially in the case of Intel, and the way they have been building and expanding their business during the past few months (Although they have also put a halt to a few large deals as well) one would anticipate that KLAC would see more of an upward trend. Intel has at least 4 new chip designs coming out in the next 2 years...

I don't own any KLAC yet. I'm still working on the first principle of investing... getting out of debt and getting my personal fianances in order. I figured, since I don't have any money but I do have time, that I would learn how to invest ahead of time... Looking forward to more posts on the boards!

Lee J
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