SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : FSII - The Worst is Over?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Donald Wennerstrom who wrote (2488)6/12/1999 12:00:00 PM
From: Donald Wennerstrom   of 2754
 
Just a further comment about the previous post and the market performance this past week.

If there was ever an example to show how "disconnected" the semi-equips (and tech stocks in general) are to the rest of the market, the past week was a good example. Interest rates soared this past week while the market was fretting about what the Fed would do, and the DOW blue chips were down 2.9 percent for the week. Meanwhile, the semi-equips were up 11 percent while the SOX-X was up 7 percent. The last 2 weeks for the semi-equips were one of the best in history with the average up 20 percent.

Will this performance continue next week?

The feeling I get from reading the tech news lately is the sudden recognition of greatly increased future demand for chips, and all the attendant support that means to the general business area. Then the announcement by Intel of going to 300 mm wafers now, rather than later, was the "iceing on the cake"
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News