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: The Ox who wrote (5637)	9/25/2002 8:59:51 AM
From: willcousa	Read Replies (1) \| Respond to of 95530

The market bubble was just like real estate bubbles. A developer will build a building if he can get someone to put up the money. When new buildings put more space into the market than the market can bear, the bubble bursts. All buildings suffer when the bubble pops. So tech related companies got started simply based upon whether you could get someone to raise the money for you. In this case it was the investment bankers who did a lot of the raising thru sale of stock. What did they have to lose? Like the building developers they got a lot of front money from their activity. If the company later went bust they had long since taken their front fees and run. Finally there were enough failures that people quit putting up the money. Now we all get to pay for it. At least in the real estate scenario the banks end up with an empty building which will someday regain some value. Many of the companies created are worthless.

To: The Ox who wrote (5637)	9/25/2002 9:26:54 AM
From: Return to Sender	Read Replies (1) \| Respond to of 95530

From Briefing.com: CCMP Cabot Micro estimates upped by Salomon (37.50) Salomon Smith Barney raises Sep qtr EPS estimate to $0.55 from $0.48 and revenues to flat sequentially from down 8%; cites yesterday's mid-qtr update from Rohm & Haas (ROH), in which company said it anticipates 3% sequential growth in electronics with leading edge technologies growing faster; Salomon says that ROH has historically been a reliable indicator of CCMP's results. NVDA NVIDIA to work on next Xbox - Inquirer (8.88) The Inquirer.net reports that a Taiwanese financial newspaper claims today that NVDA will work with MSFT on the design of the next Xbox, which is likely to be demonstrated by the end of this year. 7:52AM Cisco Systems estimates cut at Wachovia (CSCO) 11.43: Wachovia says checks indicate a year-end budget flush is unlikely in either the enterprise or service provider mkts, which would have made slight sequential growth in the Oct and Jan qtrs achievable; moreover, service provider budgets wont be set until March, meaning that Jan and Feb will likely be very weak spending months; firm's interpretation of co's declining backlog is that visibility has deteriorated some, and thinks the co is likely to guide down sequentially for the Jan qtr; cuts FY03 rev/EPS ests to $18.8 bln/$0.50 from $19.9 bln/$0.52. (below consensus). 7:35AM Duke Energy plans 52 mln share secondary offering (DUK) 19.24: Company expects the roughly $1 bln offering next week, and says it will use the proceeds from the offering to repay commercial paper. 7:06AM Hewlett-Packard: protecting ink cartridge cash flow a priority (HPQ) 12.29: The Wall Street Journal has an article which details the escalating competition to HPQ from printer ink cartridge remanufacturers such as Rhinotek; competition comes at a bad time for printer makers, especially HPQ, which derives most of its profits from cartridges and is struggling to sort out its merger with Compaq. 6:57AM General Electric says Q3 results "on track" (GE) 25.90: Co will report tomorrow at its analyst meeting that Q3 results are on track; webcast will start at 8:30 ET tomorrow and will be available at www.ge.com/investor. finance.yahoo.com^SOXX+ALTR+AMAT+AMD+BRCM+CCMP+CSCO+DUK+GE+HPQ+INTC+KLAC+LLTC+LSCC+LSI+MOT+MU+MXIM+NSM+NVDA+NVLS+TER+TXN+XLNX+^VIX+^IXIC&d=t RtS