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.
Technology Stocks : S3 (A LONGER TERM PERSPECTIVE)
SIII 0.00010000.0%May 12 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: fiberman who wrote (8480)12/19/1997 1:51:00 AM
From: Kenneth Yeh  Read Replies (1) of 14577
 
fiberman, I couldn't agree more...

Tomorrow's going to be a real crappy day at the stock market. Since the asian markets are all plummeting, all the semi-conductor stocks may take a big hit tomorrow. Sucks to own a semi-conductor stock right now; test of true patience. It seems as if everytime someone predicts that a semi-conductor stock has bottomed out, it always goes even lower.

There may be some truth to the severity of the impact of the asian markets on US companies. Take EFII and KLIC for example, both have stated that they will not make their earnings this quarters DUE to the impact of delays or cutbacks in spending from the asian markets. (take a look at impact of these earnings warnings to the stock price of these two companies). I have a distinct feeling that AMAT, KLAC, or LRCX may soon announce an earnings warning as well since these big semi companies depend heavily on the demands of asian markets. Let's all hope the asian economies pull themselves together soon!

-Ken
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext