FSII - The Worst is Over? 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 : FSII - The Worst is Over?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Kent Sarikaya who wrote ()	9/10/1996 1:24:00 PM
From: Stratajema	of 2754

Today, Silicon Valley Group, Inc. (SVGI), a semiconductor equipment manufacturer was the first major equipment provider to trade at Sub-Book value at a price of $17.25 x $17.50. The company's cash holdings net of debt are $9.75/share and its book value is approximately $17.56/share. Any takers? ..Or could it be too soon to buy? Maybe so..when Micron preannounces at end of September and Fed hikes interest rates then you'll really see blood in the streets. But..all things in life are temporary and the great thing about the future is that it only comes one day at a time. Whenever I have purchased stock that has tanked on me (yes..I'm not immune) there were times when I shrugged it off with a laugh and times when I got that sick feeling deep down inside. The times I got sick were when I realized I was speculating with a company that did not have supporting fundamentals (i.e. Sales, customers, good management etc.) and I was at risk of never recovering my funds. I don't think people will have to worry about recovering their money (plus profit) in this stock within a year if they are patient. But maybe, just maybe FSII shareholders will get the chance to laugh at the dimwit who sells me his stock for $9.00.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next