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: zonder who wrote (7154)	11/26/2002 2:00:39 PM
From: BWAC	Respond to of 95530

Why would we be interested in a bought and paid for shady pseudo journalist?

To: zonder who wrote (7154)	11/26/2002 2:19:04 PM
From: The Ox	Read Replies (1) \| Respond to of 95530

zonder, Thanks for stirring the pot. This thread can use a good debate now and then. Unfortunately, too many people get emotional when challenged. It's easier to sling insults than it is to champion one's point of view. I would suggest that one problem with shorting SCE stocks at this stage is that they are very close to the bottom of the cycle and that the turn is being anticipated, as we can see by the opinions of many of the residents here on this thread and by the way these stocks have been trading. P/Es are going to be astronomical (or nonexistent) at the bottom of the cycle. Since we can all agree that the bottom will only be viewed in hindsight, the lower these stocks get taken, the stronger the argument builds for buying - not shorting. However, if you believe that there will not be a recovery any time soon, then you should go with your point of view and short the sector or selected stock(s).

To: zonder who wrote (7154)	11/26/2002 2:21:08 PM
From: XBrit	Respond to of 95530

Personally, I am still long-term bearish and still believe this is a bear market rally, in the whole market including semis and including NVLS. The excesses of the 90's simply have not been worked off yet, the US economy is sick under the surface. However: (a) this rally may run further, there is NO sign of it rolling over yet. And (b), there is at least one case (1982) where a bear market snapback rally just kept going and turned into a new bull. So, IMO a person would be best to stand back and wait-and-see before shorting right now. If you want to short NVLS, be aware that all the major front-end semi equip stocks move together with a correlation >90%. So you MUST ask yourself, would I short AMAT and KLAC right now? They're really all the same stock. finance.yahoo.com