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.

Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?

To: willcousa who wrote (8802)	10/18/2000 1:58:09 PM
From: Kirk ©	Respond to of 10921

Lemmings explained. I think I have it. They downgrade "near" the bottom so they can later upgrade before the market tops. Otherwise, they just do a round trip. Even if the miss on the bottom, they get a chance to upgrade later on. IF they can downgrade, get some downward run in the price, then upgrade before they downgrade again, then they actually look good even if they miss most of the ups and downs. Perhaps they add value if their clients aren't getting killed with commissions and taxes, but generating sales and "looking right" is probably more important.