Semi Equipment Analysis 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.

Technology Stocks : Semi Equipment Analysis

SOXX 276.98

-2.3%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Gottfried who wrote (897)	8/1/2001 5:12:36 PM
From: scott_jiminez	Read Replies (1) of 95427

<<... the ML bounce is probably temporary.>> plus.... <<The situation in chip land hasn't changed. Still way too much capacity and no demand. That isn't likely to change anytime soon. If anything the capacity situation will become more serious in the coming months as more fabs begin production ramps. The only reason demand deterioration is subsiding is that there isn't any demand left. >> plus.... <<I doubt that today's rally will have legs. The SOX already pushed above the upper Bollinger Band today. What is going to keep us moving higher when there really is no evidence of a recovery at hand? Analyst's upgrades are nice when you have as many semiconductor long positions as I do right now but there is no justifiable reason for the upgrades. >> ====================== Let's go back to the merry days of yore. Of course I'm referring to JJ's downgrade of the chip equipment sector in the spring/summer of 2000. The following certainly would not be a stretch, nor that much paraphrasing. It would be as close to a verbatim recapitulation of the posting tone at the time as one could find: 1. <<... the JJ-induced rout in the SOXX is probably temporary.>> 2. << The situation in chip land hasn't changed. Still way too little capacity and huge demand. That isn't likely to change anytime soon. If anything the capacity situation will become more serious in the coming months as more fabs run at 100%. The only reason the excessive demand is subsiding is that there isn't any fab space left. >> 3. << I doubt that today's rout will have legs. The SOXX already spiked below the lower Bollinger Band today. What is going to keep us moving lower when there really is no evidence of a slow-down at hand? Analyst's downgrades can be painful when you have as many semiconductor long positions as I do right now...especially when there is no justifiable reason for the downgrades. >> ====================== Are contributors to this thread aware that SDRAM is extremely cheap these days? I pose this question because, insofar as developing prudent investment skills based on recent (last 1-2 years) experience, many participants appear to be in dire need of a significant short-term memory upgrade. TTID.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next