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: bacchus_ii who wrote (49405)	7/30/2001 3:31:36 PM
From: kapkan4u	Respond to of 275872

<You are right on this. There is no better contrarian indicator than Barron's. It's the only reason why I re-bought half of my PUT position this morning.> I closed some short puts today too. For a nice profit I may add. I opened them on Wednesday when I called the near term bottom at $15.6 Shall I call a near term top now? Well, actions speak better then words. <g> Kap

To: bacchus_ii who wrote (49405)	7/30/2001 3:34:30 PM
From: Tony Viola	Read Replies (1) \| Respond to of 275872

bacchus, new product announcements unfortunately don't do much for stock prices compared with upgrades or downgrades. Jon Joseph is trying his bottom call again today: 11:22 ET Joseph on Semis : Salomon Smith Barney analyst Jon Joseph's note on semis this morning noted that he is finally seeing "bottoms up" support for his April upgrade of the sector; specifically cites the relative stability in the spot market for microprocessors and general firmness in DRAM prices.