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 : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?

To: Mani1 who wrote (35775)	4/14/2001 8:49:58 PM
From: Buckwheat	Respond to of 275872

Good article Mani. EOM.

To: Mani1 who wrote (35775)	4/15/2001 12:36:39 PM
From: niceguy767	Read Replies (1) \| Respond to of 275872

Mani: Saw the same article yesterday...very, very sobering...Richard Russell is no novice, has a huge following and has been right far too often to slough off his comments...As well, Alan Abelson's article in the same edition is worth reading very, very carefully...Basically, with strong rational argument, the case is made that anyone who thinks we've seen the Nasdaq bottom is seeing an optical illusion!!! Suggests also that 2 primary corrective phases occur in a semi downturn, the first the working off of inventory overhang, followed by a second of product pricing declines...If we are in the second, it is only the initial stages according to the argument presented... I just don't want to be holding paper in companies whose margins are evaporating rapidly and whose revenue growth is showing a serious sequential and/or y/y decline if we are only in the preliminary stages of phase 2...Somewhere in one of those two articles the statement is made that the second shoe to drop is just now being laced up...I hope for all our sakes that INTC isn't the second shoe to drop, but the risk is great enough in my mind, that I don't want to be invested when INTC announces on Tuesday as I just don't see any probability of a positive surprise but a very large probability of a negative surprise and with a big enough negative INTC surprise falls the risk of a tidal wave of kneejerk spillover effect!!! Anything can happen, no doubt, but my anxiety level is much less, being on the sidelines between now and Wednesday!!!