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 : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Return to Sender who wrote (4124)	7/18/2002 8:46:15 AM
From: RMP	Read Replies (1) \| Respond to of 95443

Todays daily column indicated that he thinks we may be at the bottom. It’s interesting to note that he did not post his short list. 1.Most techs are reporting improved earnings. 2.So-called "deep value managers" are pumping money into stocks most beaten-down -- financials, tech, telecom and some computing 3.Many stocks have been reacting positively to negative news. 4.Selling in recent weeks has progressively moved around indiscriminately, whacking those sectors not hurt before, e.g. home building. This behavior often characterizes a bottom. 5.Am I calling the bottom? The "bottom" is only relevant based on which stocks you own or are short in. Thus, we will watch carefully, tentatively putting our toes in the water, going long. But, my overwhelming recommendations remains: the vast bulk of your monies should be in bonds and cash. We are, by no means, out of the woods. Today is the BIG days for earnings. It will be crucial. Salomon Smith Barney's daily call sheet show it estimating three companies today reporting better than predicted earnings and 25 reporting worse than predicted earnings