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.

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

To: Gottfried who wrote (63163)	4/24/2002 4:12:08 PM
From: Kirk ©	Respond to of 70976

I have no idea what led to this sell-off. Economy sucks for many. Perhaps people are selling winners that they have in case we now go back to new lows. Many think the real bottom will be in the Fall... Others think we will get a double dip recession. Beige book report is subtly better and indicates we've turned the corner but the growth is anemic and capital spending is still mostly nonexistant. We really need companies to start to spend for people to feel good, but it might be too late to invest when this happens Kirk

To: Gottfried who wrote (63163)	4/24/2002 4:17:58 PM
From: Return to Sender	Read Replies (1) \| Respond to of 70976

>I have no idea what led to this sell-off< Could it be.... Irrational Exstuperance? Seriously I guess we all have to admit valuations are high if we are going to get only a tepid recovery. Sometimes the market just snowballs down hill. We have seen it numerous times during this Bear Market. The latest excuse for selling seems to be that there is not enough evidence of a pick up in end unit demand for most semiconductor companies. Take a look at this chart of AMAT. How many times has the stock gone down 5 days in a row? stockcharts.com[h,a]daclyyay[pb50,200!d20,2][vc60][iUb14!Uk14!La12,26,9]&pref=G Answer only just now. RtS