Sharck Soup Message Board

STOCKTALK

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.

Strategies & Market Trends : Sharck Soup

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: 16yearcycle who wrote (10648)	3/5/2001 1:30:52 PM
From: A.L. Reagan	Read Replies (1) of 37746

Eugene, while there may be upgrades to things like .13 micron processes, isn't the big money for the semi equip guys when the semis build new fabs? Why would the semis build new fabs when they are in overcapacity now and to some degree capital market constrained? (Does everybody really (i) believe INTC will not cut capex; and (ii) all other semis will therefore follow INTC's lead?) That was the same argument (they have no choice because their competitors are doing it) that led to a lot of misplaced bets on telecom capex. Back to shorting AMAT which was a nice 8 point ride last time out. Maybe I'm wrong, wrong, wrong, but it's hard to see how the semi equips can get much traction until the semis themselves consistently exceed B2B of 1.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next