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: Gottfried who wrote (8997)	11/11/2000 3:55:58 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 10921

Yes, Gottfried, but trade them carefully. I now believe that a breach of the $40 area around here could lead by next spring, early summer to prices in the mid $20', still at a rich 4 plus time book value and three times sales. Other in the sectors may go to lower relative valuations if this bear market continues. As I said today on the CYMI thread, for long termer, it maybe time to start and do slow accumulation. I would wait until an actual breach of $40 and actually then suggest, once more for long termers, a little buy at $35, more at $30 and the bulk between $24 and $26, which I think is the potential bottom for this cycle. I have been wrong before and in the 1998 debacle, CYMI went to half what I expected the bottom would be. Zeev