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 217.89-1.3%Jan 23 9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jerome who wrote (5728)6/7/1998 6:18:00 PM
From: Jacob Snyder  Read Replies (1) of 10921
 
Jerome,fortinwit: re:"The bottom is here now. Bad news and downgrades are having less and less impact on stock prices."

You meant "more and more impact", didn't you? Yes, we are much closer to capitulation now than 3 weeks ago. We are closer to the bottom. But are we there? I've been on the sidelines since I got out at 37.5, and I've watched a lot of people catch the falling knife in the last few days. "32 is support for amat,I'm in; klac is a great value, I'm in; asmlf is way off its highs, I'm in;yada yada yada".

Great spreadsheet, fortinwit. Notice that the industry leaders (amat,klac,nvls) could lose half their remaining stock price, maintain current sales, and still be above the 1996 P/S trough.

The decision about where the bottom is, is an essentially emotional event. It is unknowable, and not subject to rational analysis. I'll let Mr. Market tell me where the bottom is. And I'll take the risk of buying too late.
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