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 (6442)	10/24/2002 12:34:37 PM
From: The Ox	Read Replies (2) \| Respond to of 95530

We may be starting to see a pattern that developed last year. At this same time last year we looked back at 2001 and most calculated that 2002 wouldn't be as bad, so the market took off. Once reality set in some months later, the market tanked, rebounded and tanked again. While estimates for next year have been reduced substantially, they are still pointing to a stronger 2003 vs 2002. This is helping to fuel the rally as the doom and gloom that set in from the reality of a weak 2002 is being replaced by optimism for a stronger 2003. There are some who are saying IT spending needs to improve just to "keep up", this also encourages the market. These thoughts are why I have kept an open mind about the short term. Even though I think the market is overstating estimates for next year, the "objective" reality might not set in for a while.

To: Return to Sender who wrote (6442)	10/24/2002 1:39:50 PM
From: Kirk ©	Read Replies (2) \| Respond to of 95530

good point on the PnF charts. I don't own those high valuation companies like LLTC and MXIM even though I think they are great companies... I'd rather work there and collect options than take a poke now with the high risk. I think many of these have MANY outstanding options and I am not sure how this will all wash out if they have to expense options. Given the already high valuatinos, I prefer to limit my risk to them. Some I do own, have added to very recently (I bough these between 10/10 and 10/15) that are doing well and are way, way down compared to the big names. A @10.89 now at $13.22: stockcharts.com LRCX @ 8.92 and 10.?? now at $11.36 stockcharts.com almost ready for a double top break out or a reversal... so nervous! Kirk