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


To: Proud_Infidel who wrote (50119)8/2/2001 5:39:11 PM
From: Math Junkie  Read Replies (2) | Respond to of 70976
 
Commmentary from Sandspring Advisors

Certain tech stocks look oversold, but we are somewhat amazed that people still listen to Wall Street analysts when they come touting the semiconductor chip sector. How many times will all the little rats out there follow the Pied Piper down this road? With Gateway down to $10 a share and Dell computer sales still under intense pressure, how can chip stocks possibly be a good investment at this time? The end-users of chips have to get healthier first, and they are not. In our opinion, the rally of the last two days (led by the chip sector) is likely misplaced and a head-fake that will also be short-lived.

Message 16163029