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.
Strategies & Market Trends : NEW Market Gems - Swing and Day Trades
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Berney who wrote (851)6/9/2001 5:23:22 PM
From: Jenna   of 1227
 
Barron's seem to like my idea of "wish fulfillment"
......
All it took to dispel the gust of euphoria was a touch of reality in
the form of Juniper Networks' downbeat projections. As Ed Hyman points
out, the nosedive in tech has been darn near unbelievable: DRAM prices
have fallen 45% in the past eight weeks; semi orders in the past six
months plunged an astounding 74%, while chip equipment orders are
running 50% below last year's levels. The business is not going to
zero (call us recklessly optimistic), so obviously at some point it
will bottom out.
Just as obviously, that point hasn't yet been reached. And even when
tech does hit bottom, it's by no means clear how rapid and muscular
the recovery will prove. But a number of things, anemic profits and a
steep decline in capital investment not least among them, suggest that
a return to the wonderful, mad years of the late 'Nineties simply
isn't in the cards. Not that we blame investors for dreaming.
Nor is indulgence in wish-fulfillment restricted to techs. Far from
it: Such wistful hopes affect a broad swath of the market,
encompassing a variety of sectors and diversity of stocks. And they've
infected both big and little investors, recreational players and
so-called professionals.

excerpted courtesy of Barrons, June 9,2001
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