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 299.48

-4.8%

Dec 12 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Return to Sender who wrote (11656)	9/18/2003 11:35:28 AM
From: The Ox	Read Replies (3) of 95579

I see the low BtB very differently then some of you here. The lower the BtB is now, the higher it will be down the road. The longer the orders stay down now, the more the flood gate will open later. This has always been the case in this industry, unless "it's different this time". I think we are going to find out (in the next year or so) that we won't have the capacity to create the high end chips, which will be required(increased demand) at that point in time. There will be another rush to over order and we will, once again, over do the boom stage. We are seeing the exact same cycle process for this industry. Boom and bust. The last boom went too far and this bust will go too far. The market is plainly saying so. Call me too bullish, or whatever, but demand is ramping up beyond what the orders and bookings show. Cost cutting and pushed out orders are the rage of the industry, as they always are at the bottom of the cycle. Where people get caught is looking in the rear view mirror instead of out the windshield. Too many people "miss the boat" and end up chasing their favorite stock at much higher prices. I totally disagree with your "mantra" that valuations don't matter. They do. However you and many others here are using the past to justify future valuations. I would strongly suggest that you use the higher future expectations to justify current and future prices then to use past performance to justify current or future prices. The market is doing this, why can't some of you get with the program! <vbg>

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next