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 : Asyst Technologies (ASYT) Good Value/Where is the Bottom?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: robert b furman who wrote (1740)9/26/2000 9:55:17 AM
From: Ian@SI  Read Replies (2) of 2313
 
Bob,

Where the bottom will be depends upon what the primary cause of the current selloff is.

If orders fall off the cliff and cancellations become the norm, then you might well see these companies routinely selling for less than book. I strongly doubt that this scenario matches any part of reality.

More likely IMO, is the BS out of Slimey Balarney has created some loss situations for several fund managers. They're doing window dressing and creating loss situations for more fund managers. Most investors and all fund managers know that Window Dressing season ends this Friday.
In this scenario, the selling spiral ends this week. But the market usually tries to get in one step ahead.

Thus I wouldn't be surprised to see money start flowing back into the sector before the end of the week with a second larger buying wave coming in October.

Obviously there are many other possible scenarios between these two.

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
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News