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 (203570)	11/8/2002 2:55:53 PM
From: Earlie	Read Replies (3) \| Respond to of 436258

Ork: Just another chance to short a bit more. (g) Investors have to be bonkers to buy that stock at these levels, but gift horses are there to be ridden. Best, Earlie

To: orkrious who wrote (203570)	11/10/2002 12:07:12 AM
From: Zeev Hed	Read Replies (2) \| Respond to of 436258

I could not find any indications in Infineon news release that they are increasing capex, as GS was suggesting, I even asked a German speaking cyberfriend to make sure I di not miss a "nicht" at the end of a sentence, and he concurred. Apart of that, from their base this year of $600 MM in capex, any increase is dwarfed by INTC's massive reduction in capex. Mind you, that does not mean that I think the Sox is headed for a new low, I think that my Wednesday "run for the hills" "call" (it took me few minutes to get out of the stupor caused by AG ridiculous action, or at least I thought it was ridiculous) will be turned into "get back on board" after we swoon down on the Sox somewhere between 237 and 270. Why you and Ork are shorting a momo stock like EXPE instead of going after an easy agida-less IBM, is beyond my comprehension. Sure it is overvalued, but there are so many "more overvalued" out there and with less of a crowd of shaking hands shorts, and with disasters waiting to happen (like VECO?). For me it has been a veritable ATM on the long side, not as good as the bu$$ yet, but it is getting close...(g). Zeev