Silicon Investor (SI) -- The First Internet Community

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.

Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: FJB who wrote (38043)	10/10/2000 2:53:20 PM
From: Ian Davidson	Respond to of 70976

I agree with you Bob, but I've thought every day for the past two weeks was capitulation day. Ian

To: FJB who wrote (38043)	10/10/2000 3:12:23 PM
From: Gary Ng	Respond to of 70976

Robert, Re: Today looks like a capitulation day to me in the semiconductor sector. What does everyone else think? There seems to be one capitulation per week lately :-( gary

To: FJB who wrote (38043)	10/10/2000 3:53:25 PM
From: Jacob Snyder	Read Replies (1) \| Respond to of 70976

re: looks like a capitulation day to me in the semiconductor sector There have been several days this year that seemed like capitulation in the techs (to me), and weren't. I think your question won't be answered until the stocks bounce, and then bounce again (a month or two later), at the same level. As long as they keep on setting new lows, I'm on the sidelines (except for QCOM, the only semi or semi-equip I hold). Until the market decides there won't be a lot of earnings warnings next warning season, and there won't be a hard landing in 2001, and the cycle is not over, we'll have a lot of nervousness, and I wouldn't expect any rally to be sustained.