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: WTSherman who wrote (9276)	1/17/2001 12:01:16 PM
From: Ian@SI	Read Replies (1) \| Respond to of 10921

The market is very good at: 1. Going up when most people expect it to go down. 2. Going down when most people expect it to go up. Has there ever been a time when any company management gave an ironclad guarantee on their forecasts? Is there really any fundamental difference in their probable accuracy this Q than other Q's. IMO, no. It seems to me that selling now increases the probability of missing the Cu / 300mm capacity build. On the other hand, holding probably isn't going to hurt much more than we've already seen.

To: WTSherman who wrote (9276)	1/17/2001 12:24:40 PM
From: scott_jiminez	Respond to of 10921

The street is assuming that there is a foreseeable end to the "trough". That's correct...except this is no longer news. As some of us discussed here in early December, there were some quite compelling signs 4+ weeks ago that the bottom was bottomed, the blood had been drawn, and the time to act aggressively was at hand. If investors had acted at that time, a 30-50% return would be the current paper profit in virtually any SEM. Today's rally is simply a continuation of a pattern established during the weeks after Thanksgiving.