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 : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (38963)	4/14/2001 9:28:39 PM
From: TWICK	Respond to of 50167

Wow. Wow. Wow. That was an awesome thing you wrote :-) Beautiful stuff. Are you publishing this somewhere ? Twick

To: IQBAL LATIF who wrote (38963)	4/15/2001 12:01:53 PM
From: banzai11	Read Replies (1) \| Respond to of 50167

IQBAL, That is a nice piece of positive views. Convincing, should I go out and buy those stocks now that you listed for the long term? Should I look at others like AMD, LSI, VTSS, etc.? Also, did your bright sons help you write that? It was nicely written.

To: IQBAL LATIF who wrote (38963)	4/15/2001 4:06:23 PM
From: James Strauss	Read Replies (1) \| Respond to of 50167

Ike: Excellent article... The future is most definitely technology driven... But, coming out of that tech bubble, investors will demand to see results in the form of growing revenues and profits... The term "Visibility" is being heard more often these days... So, it's important for companies to show the commerciability of their ideas... There has to be a projectable demand for the products and services offered... This is the new environment born out of the ashes of once high flyers that are no more... This is a good thing because it removes much of the casinolike atmosphere that can blur the reason why stocks exist - to provide capital for growth... The bubble was born out of the frantic pace of daytraders being transformed into daygamblers... The art of researching a company's fundamentals and technicals gave way to a tidalwave of momentum buying and selling for the sake of momentum buying and selling... We didn't know it but we were on a treadmill of Pavlovic behavior inevitably moving closer to the outer shell of the bubble as the FED's rate hikes were beginning to put a dose of reality back into the minds of the daygamblers... As warnings started to pile on top of warnings and stock prices started tumbling down like an avalanche, market participants looked on in disbelief as prices started rolling down the mountain to the tune of 70% to 95% haircuts... The companies of the future you mentioned and those yet unnamed, will have greater demands put upon them by the investors... Revenues and earnings growth now, will be more important than a promise of future riches for investors at some unspecified time... The risk we face in this type of environment is the loss of some potentially great ideas that are not immediately commercially translatable into revenues and earnings... An example of this would be the biotech sector where many years go by before an idea becomes a revenue and earnings generator if ever... So, while the pendulum is now swinging in the opposite direction, let us hope that the future CSCO's and MSFT's of the world can survive this Inquisition period to ring in the next phase of revolutionary technological advancement born from the ideas of the entrepreneurs and the dreams of investors... Jim