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 : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (16275)	5/21/2001 5:11:36 PM
From: LTK007	Read Replies (1) \| Respond to of 30051

Zee FWIW my measures for NDX100 and NASD(COMPX) are 2212 and 2425 respectively,the prime test being roughly the closing levels on 2/16.max

To: Zeev Hed who wrote (16275)	5/21/2001 6:47:46 PM
From: orkrious	Respond to of 30051

If it is not lower, it is a minimum I the BTB possibly, a good buying place for the semi-equip. It may be an historically good place to buy them, but I hardly find the valuations compelling. AMAT is at 4.5x trailing sales, and you have great sales numbers in the trailing quarters. It would be a good time to buy if they were cheap, but they aren't. People bought in trying to beat the bottom, and they have. The semi equips may go higher, because people seem to have forgotten the lesson of last year in that valuations matter. The BtB may be at a trough, but valuations sure aren't. Jay