Michael, you bring up a good point about the news NOT coming out on the computer problem. It's as if we're back in an information controlled zone - wasn't the WSJ set up to pierce this veil?
Friday in the Journal it was reported that "everyone will suffer, not just one or two companies [from the PC problem]." And on the same day we had the huge semi/INTC upgrades which filtered down to boxmakers, et. al. lifting them all considerably and preparing even another leg up!
Professional analysts have said "it won't happen to CPU". Remember, at first there was optimism, then cautious optimism, and things kept going up until the bubble burst. True, CPU benefitte, from a short's point of view, from an ML analyst's slip tongue, vigorously retracted, but enough to start it on its path to the low teens and tip off the shorts.
So, what's the time frame in your opinion for the next fall guys? Boxmakers, perhipherals, mighty MU..?
Thomas |
