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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: westpacific who wrote (57372)4/26/2002 4:15:20 PM
From: yossarian67  Read Replies (2) | Respond to of 99280
 
DVD's are not toys or gadgets...they're replacing the VCR one house at a time. whether one likes ZRAN or not is irrelevent, but man you just seem to really have no concept of stuff other than "everything is going to hell".



To: westpacific who wrote (57372)4/26/2002 4:17:14 PM
From: Steve Lee  Read Replies (2) | Respond to of 99280
 
West, I'm pretty bearish and I see a lot of the economic/market problems you point out. But DVD isn't a high end gadget and it isn't going to die.



To: westpacific who wrote (57372)4/26/2002 4:18:45 PM
From: Zeev Hed  Read Replies (1) | Respond to of 99280
 
The poor consumer is far from exhausted here. In any event, just before the close, I closed INVN at $22.40, just $.12 to the good, I was hoping for an EOD short covering rally. It never came. In the last 15 minutes of trading, also closed the Q, BRCD at $23.46 (loss of $.05), BRCM at $33.29 ($.29), QLGC at $44.08 (loss of $.12), EMLX at $27.54 (just here in AH) gain of $.28) and GNSS at $21.35 ($.05). More or less a wash with minimal reduction of the earlier buckers losses. C'est la vie.

Zeev



To: westpacific who wrote (57372)4/28/2002 12:26:32 AM
From: Pink Minion  Respond to of 99280
 
>> ZRAN, DVD sales will die soon with the economy - then what will that do for their numbers.

Don't say that. Say it's a commodity chip and everyone is making them.

Supply and Demand.

Look at Drams, price continues to fall. MU is a $5 stock and will eventually become a foundry.