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: mishedlo who wrote (28974)	9/27/2001 8:26:29 PM
From: westpacific	Read Replies (2) \| Respond to of 30051

AVCI is a case like so many others. The problem I see, and I hear what you are saying as I see many that are just asking to be bought, is this. You just cannot be sure how long these companies may go without selling any or much product. How long can they last on a cash burn basis. IMO it is just so hard to determine. Many of these companies will declare BK. The big question is do you want to be stuck holding one if that happens. I really feel these next gen plays are frought with risk here. We need to get to some sort of bottom within the overall market and see whom is left standing. I do not see any bottom fishing for at least six more months or so. The PE on the S&P needs to be trading at 10 before you want to buy any of these former high flyers. Otherwise it is gambling and in this market, with so many incredible things going on, you just cannot risk your capital in that way. Remember PEs are coming down weekly, companies that buy these products are in survival mode now. This is not about growing anymore but being alive on the other side. The cycle will continue to spiral down for sometime to come. Do not forget this fact. All the best West

To: mishedlo who wrote (28974)	9/27/2001 10:35:59 PM
From: Alex MG	Read Replies (1) \| Respond to of 30051

I have to agree, I'm seeing many smallcaps in the last couple days that have hit "washout capitulation" levels on heavy volume, if nothing else for a short term bounce. There's been some major fund unwinding, margin selling, and general "throw in the towel" selling going on. Many getting hit HARD on no specific news, when just a couple months ago the same people were buying the bad news... You can't ask for much more negative sentiment... Throw in some short term victory against the "war" and there could be some major bouncing... Of course unkown "news events" could go either way.

To: mishedlo who wrote (28974)	9/28/2001 8:49:13 AM
From: ajtj99	Read Replies (1) \| Respond to of 30051

Mish, great find with AVCI. I believe they are a victim of Window Undressing this week. They were around $8 at the end of last quarter, so there is sufficient incentive to get them off the books if you're a fund who worries about that stuff. I am seriously looking into them. I'm wondering the same thing - what's wrong here. The only thing I can think of is the Comcast-ATT thing may affect them, but that doesn't seem to have a thing to do with their business.