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 : KLA-Tencor Corporation (KLAC)
KLAC 1,568+1.5%Jan 16 9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jacob Snyder who wrote (873)1/4/1998 11:14:00 PM
From: John Chalker  Read Replies (1) of 1779
 
Jacob, Please remember that the market is a future pricing mechanism. It doesn't price in today's factors, it tries to price what it believes will be tomorrow's (6-9 months) factors. With 16 Mb DRAM prices under $3, they obviously are pretty close to a bottom. And all the uncertainty of Asia has been priced into the market for months. In fact, given how emotional, panic selling can be much stronger than panic buying, I'd propose that the market has overreacted to this industry and driven the stocks to undervalued levels; especially if one looks out 12 months in the future.

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

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News