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.

Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: jacin who wrote (5790)	4/14/2001 7:25:15 PM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 52237

>>, I would hate to ruin the party with any Good. (news)<< LOL, I agree. FA wise this market makes no sense at all. Semis and Semi equips are still trading at bull market levels with no good news other than the ridiculous "it can't get any worse" release last week. In Semi downcycles, these stocks historically trade for less than half current price sales valuations and I recall that somewhere around 97-98 they were trading for PEs of 5 or so. People say now that they are down to 15 so how much lower can they go? They seem to forget that those earnings will disappear over the next year making those PEs go much much higher. Heck MU was losing over a buck a quarter just in the last year or so but investors can't remember that far back apparently. My fib target for the SOX is around 300 eventually. We'll see. It may take a year at this rate. Good Luck, Lee