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 : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 151.75+6.4%12:39 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Proud_Infidel who wrote (5328)5/8/1998 4:33:00 AM
From: Jacob Snyder  Read Replies (1) of 10921
 
re: What does Indonesia have to do with semiconductors or the semi-equips????

This is exactly what I was saying 6 months ago, and I was wrong.

Political and economic instability in Indonesia will have an effect on AMAT's stock price. The problem is that liquidity/solvency/political stability problems have a nasty habit of spreading. Remember how the problems spread from Thailand to Malaysia/Indonesia to Japan/Korea, and countries everywhere (China, Russia, Brazil) were affected and had to respond to defend their currencies and banking systems? Once one debtor defaults, lenders everywhere get worried. Most fabs are built with borrowed money. Few companies are in the position of Intel, who never needs to go to the capital markets. Other than raising the general sphincter tone of bankers everywhere, blood in Indonesia's streets will have a more specific effect. The Japanese banking sector is teetering on the edge of insolvency. They hold a lot of Indonesian loans, whose default could be the last straw that breaks Japan's back. And let's not forget about the IMF. If Indonesia collapses into chaos, in spite of all the money channelled from taxpayers in rich countries through the IMF to dissolute nations like Indonesia, then the IMF will be discredited. Noone will be willing to pay for the next bailout, which means confidence would plummet. In such an environment, we would see a lot more fab pushouts and cancellations.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News