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: Jacob Snyder who wrote (43143)	3/5/2001 7:43:01 PM
From: Shoibal Datta	Read Replies (1) \| Respond to of 70976

Just who is buying, and why, in the last 4 trading days? Jacob, I wholeheartedly share your confusion . We have warnings, more warnings, no "visibility" - yet the semi stocks keep defying gravity and logic and move up. You'd have to think that these guys believe the bottom is imminent or past. Yet we have companies like Xilinx that say that their current inventory levels will take until October to burn off. If they are any indication, that would mean that people are willing to pay today's prices for a recovery in the fourth quarter. Confident folks, indeed. In a way, we are all doing it ourselves on this thread. We all agree that these stocks are a great buy - although each one of us has a different idea of the price for a great buy. So we sit, rant occasionally, and wait for the bottom (assuming we haven't seen it yet). SD@waitingforthatbottom.??? P.S. I think that this behaviour simply prolongs the pain for those long these stocks. These are indeed good times to be cautiously short if you play the ranges for these stocks. But all good things come to an end some day.