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.
Politics : Formerly About Applied Materials
AMAT 267.87-0.6%Dec 5 9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: SJS who wrote (32683)9/30/1999 9:23:00 PM
From: Ian@SI  Read Replies (2) of 70976
 
Steve,

Agree with your post. It's the analyst whose logic appears to be flawed.

I think it's something like the Y2K thing. Some consultants (usually those who aren't smart enough to get a permanent job) started thinking about how they could get fabulously wealthy off irrational Y2K fears. Then people who don't understand the intricacies of IT pick up the phobia, like Yardeni.

Then you have them calling for a global recession caused solely by a problem which has been foreseen for a couple decades or so - the first time ever that such a widely anticipated problem would ever have had that nature of economic impact.

On Jan 1st, I expect to be inundated with flame mail if the world really does come to an end. Fat chance!!!

Similarly some mental midget somewhere starts wondering what might happen if Taiwan loses a couple months of production ignoring the fact that, at most, they'll lose a couple weeks which may well be made up before the end of the October quarter; and further ignoring the fact that most chips to be put into PCs during the next couple months came off wafers that have already been through the front end processes.

To shorten a long story, if they keep it up, a nice buying opportunity will again be created.

JMHO,
Ian.
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