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 148.32-3.3%Nov 14 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mason Barge who wrote (7182)10/24/1998 10:33:00 AM
From: Gary Burton  Read Replies (2) of 10921
 
Mason-You may well be right about SVGI--However, the sole reason I bought it was that it was the only one-save for SFAM that i could find that (A) had no debt, (B) had a lot of cash, (C) was down substantially from its high and (D) was still trading materially below Net Net Working Capital--implying that the market is in effect still saying that their business is worthless at or near the bottom of the cycle. Add in the perhaps outside chance of a takeover by AMAT (which would solve the mgt focus), and I suspect that this one will catch up to the pack and maybe rally to say 12 while the other seq's stand still. Just a hunch. I have no view whatsoever on the business merits or demerits of SVGI itself looked at in a vacuum. Nor do I care in the short run provided that all the other seq's are skyrocketing off the floor. We'll soon see as lousy eps are due out Tuesday am and that will likely be the last time to take this one down. My hunch is that the psychology has changed so much on WS towards these stocks that previously telegraphed bad news will now not faze the Street one bit since no one will be surprised with the numbers and near term prospects and instead look over the valley. My 2c.
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