Bob Brinker: Market Savant & Radio Host 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.

Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Rillinois who wrote (5820)	7/11/1998 6:43:00 AM
From: Skeeter Bug	Read Replies (2) of 42834

rillinois, imho, bob is ABSOLUTELY WRONG on the chippies. micron is losing cash at close to $1 billion a year. check their balance sheet. they don't have all that much cash. at some point, survival outweighs everything else. the ONLY way to cut costs significantly in the semis is to INCREASE output and, therefore, DECREASE pricing through supply/demand dynamics. i said many months ago utek would go lower and that amat would go lower. i can easily see amat in the low to mid teens before the situation gets better. mu at $30 is a joke. current stock prices assume the money printing mania by alan greenspam continues. one this is for sure, it can't. when the plug is pulled, i don't know. i've heard the term inflation on the radio. rates will probably rise. 5% eps growth will one day not support 30+ pe ratios. jmho. good luck. ps - i could care less what bob admits. he's wrong on the semis, imho, and reality will bear that out so that it is utterly obvious - admissions or denials notwithstanding.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next