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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: orkrious who wrote (195225)	10/4/2002 7:36:28 AM
From: Oblomov	Respond to of 436258

In the silver market, I don't know. Certainly it is the case for many agricultural commodities. Silver demand has been higher due to the lower price. The increase in demand is a function of the decrease in price. When the price drops relative to substitutes, industries will buy more silver. The lower price is a result of insufficient demand to prop up the price, and productivity improvements. The gearing argument is a red herring. One could easily have made the case that gearing was responsible for commodity inflation in the late 70s. This is not to say that silver could not spike in price.

To: orkrious who wrote (195225)	10/4/2002 8:17:13 AM
From: orkrious	Read Replies (1) \| Respond to of 436258

they like em higher, hate em lower 08:14 ET Morgan Stanley cuts estimates for semi equipment co's Morgan Stanley expects semi equipment stocks to remain under pressure in 2H02 due to a muted seasonal uptick in demand, equipment pushouts/cancellations, declining bookings, falling utilization rates, and cuts to semi capital spending plans; cuts 2002-04 ests for ACLS, AMAT, CYMI, DPMI, HELX, KLAC, KLIC, LRCX, LTXX, NVLS, PLAB, TER, and VSEA.