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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: michael97123 who wrote (48037)	6/16/2001 11:40:15 PM
From: advocatedevil	Respond to of 70976

Orders For Chip-making Equipment Plunge 58.9 Pct In Japan Microchips Tokyo, Jun 14, 2001 (EFE via COMTEX) -- Orders for semiconductor manufacturing equipment in Japan plunged 58.9 percent in April, compared to the same period last year, to 70.49 billion yen ($578 million), the Japanese Semiconductor Equipment Association said Thursday. Industry officials blamed the April plunge on weaker demand for personal computer and cellular phone chips. Microchip equipment orders peaked at 228.83 billion yen ($1.87 billion) in June of last year. The Japanese government said in its monthly report that the economy had weakened, warning that industrial production had fallen and inventories had risen during the past two months. EFE gr-c/bs/hv efe.es Copyright (c) 2001. Agencia EFE S.A. semiconductoronline.com{48E6F551-5F7D-11D5-A772-00D0B7694F32}&Bucket=Newswire&VNETCOOKIE=NO AdvocateDevil

To: michael97123 who wrote (48037)	6/17/2001 12:58:31 AM
From: Cary Salsberg	Read Replies (3) \| Respond to of 70976

RE: "and most of it self serving, especially yours." You might want to explain how what I say is self serving. I tell you what I do and I tell you what I think. I tell you the % assets applied and the % stock/cash. I do all accurately and honestly. I don't worry about being judged. I post because I think I am right and I think that my posts will help others make more informed and better decisions. You seem troubled because I do not post consistently simpleminded bullish or bearish inanities. The market is not simple. I don't KNOW how long tech business will be down. I make educated guesses and express them and I try to manage my money to reflect my beliefs and the chance that I may be wrong. I have sold JDSU @ 28 after buying @ 18. I announced it. I had 13.5 and 15 buy points, but I told you in a PM that I might not buy until others got down to my prices. I didn't buy and the new sales forecasts lower my buy prices to 9-10. I rounded up CSCO @ 18 and announced it. I still hold CSCO. In a PM I told you % of portfolio and unit cost. I sold 1/2 of my AMAT @55 and I announced it. On the JDSU thread, I did not "talk" about a recovery in 18 months, I quoted an NT exec who said at least 12 and a LU exec who said 12 to 18. I think you understand what I am trying to tell you, but you don't want to hear it. I suspect that there are many others in the same boat. I am long. It was 57% stock at the recent top, now 53%. I have never been short. I make money when the market goes up; I lose money when it goes down. If I thought I could influence the market, I would only say positive things. Finally, I have posted on SI since late 1995 and I believe my advice has served the readers well. I have not been correct in every detail, but I have been correct enough to make a huge profit on relatively risk free investments. It is evident that your posts have prompted me to reply in ways that have frequently upset you. I will relieve you of this burden by adding you to my ignore list for public messages. You may still attack me via private messages.