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: Cary Salsberg who wrote (4781)	8/8/2002 12:59:37 AM
From: Kirk ©	Read Replies (1) \| Respond to of 95515

My friend's "home" was a lot in a default where he got a great deal on a low ball offer so I think that explains it better. I think the lot was about equal to the construction cost of the home so it might record as 25% of a total home+lot as you suggested. Figgure building cost is the same and only the lot price varies... Check this out dqnews.com This is after a recovery but there are still some areas quite depressed. Perhaps their data is off and some samples are too small to be meaningful but this one in SF seems to be a large enough sample size San Francisco 94123 $830,000 -38.9% $624 13 -35.0% Median price $830K down 38.9% I wish they had a better measure to break it into price/sq ft and lot size but that is about the best data I've found. Anyway, it is probably like trying to buy AMAT at a peak or a valley.. not important if it is 25 or 40% as it is very hard to get the absolute peaks and valleys so the more reasonable number like 25% is a good working target.