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 : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?

To: Sonny McWilliams who wrote (12182)	10/25/1997 2:49:00 AM
From: Yiren Huang	Read Replies (1) \| Respond to of 27012

Sonny and all, Today I had a very relaxing day go to San Francisco and not thinking or watching about stocks. It seem for the short term, the analyst rule in this stock market. Someone must be making quick money by upgrading the stocks at their peak and downgrading them at their bottom and some investors must be losing money by taking their upgrades and downgrades as "straight" signals to buy and sell. What a wall street. It is amazing to see that AMAT has traded more than 61 million shares today. There must be someone who earned a lot from it and decided to take profit from it and someone who decided to take position and expect a future profit from it. It is about 2 billion dollars worth changing hands. Maybe I am a little bit dumb here. But my question here is that for those asian countries with a big U.S dollars reserve due to their trade surplus to U.S. and european countries, why should they drop the ordering rate for U.S. semi equipment for the sake of weakening of their own currencies? While manufacturers in those countries will have lower cost due to lower exchange rate to U.S. dollars and can export cars and chips easier to U.S. and they will earn in U.S. dollars and not their own currency. So, why should these analysts downgraded those semi-equip stocks for this senerio, maybe only excercise "FUD" on private investors so they can contribute to someone's(behind analyst) profit. But I think they realy find a very lousy excuse for it. Since I don't think I have the chance of becoming an analyst or influencing one. I think my option will be to hang on and look at the long term like 5 years duration. I am not too greedy, I will be happy to have my money doubled in five years. That is better than saving in the bank. Of course I won't protest either if it doubles next year.:-) Also, I think Intel is probably doing the right thing to delay the fab for Flash memory since more and more asian manufacturers are capable of doing it. Like Korea's Hundai and some Taiwanese manufacturers. Intel is probably better off to focus on their high end products like processors and highly parallel processing computers IMHO. One can not eat all the dishes on the table sometimes. It is realy hard to predict the market direction for the short term. Anything can happen according to murphy's law. But I am going to average down the cost of all my stocks and looking at 5 years later... Have a good weekend and relax! Ronnie