Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Joe NYC who wrote (126275)	10/17/2000 1:14:23 PM
From: Rob S.	Read Replies (1) of 1580188

Semiconductors are commodities and will soon sell in grocery stores next to potato chips. The cycle for semiconductors is headed down because there is nothing anyone can do with them to gain greater productivity or enjoyment. The time to buy them is when the analysts have repeatedly raised their ratings and the stocks have shot up at lest 100% from here. Investors will know when to buy them when their barber and car mechanic tells them how great it is that the market is up and how they recently sold their utility stocks to buy a high tech mutual fund. Conversely, the time to sell semiconductor stocks is when they are down and have sold off at the steepest decline since anyone can remember. Sell when analysts have downgraded stocks and lowered their targets to two-year low levels. Sell when the talk around the water cooler is how your co-workers are getting margin calls and are selling their tech stocks at great losses. If you sell now we can all say that we were right, we got out of tech stocks before they hit their absolute low and bought tulip bulbs. Chicken little was right! ; ^)

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