High Tolerance Plasticity 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.

Politics : High Tolerance Plasticity

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: jim_p who wrote (1473)	3/13/2001 3:21:28 PM
From: ItsAllCyclical	Read Replies (2) of 23153

SSTI's earnings estimates slashed dramatically (a SEMI). Holding up pretty good though. Still to go from $1.30 to .30 for 2001 estimates is pretty sobering. Sales from 600 mil to 300 mil. biz.yahoo.com Current and trailing PE's on the semi's are pretty much meaningless until a bottom is found in PC/Cell phone markets. Based on current sales estimates SSTI could come down to $3 as a low pt if they start showing neg earnings (based upon a Price/Sales ratio of 1. Tradeable rallies? Yes at times. Are we near the ultimate bottom? Not even close. FWIW, I'll probably unload most if not all of the techs I bought at 3pm before the close. Fed cut could come at any time, but I'd rather preserve capital at this stage in the bear.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next