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.

Strategies & Market Trends : Bosco & Crossy's stock picks,talk area -- Ignore unavailable to you. Want to Upgrade?

To: Rick C. who wrote (2240)	11/8/1997 5:58:00 PM
From: Iris Shih	Respond to of 37387

Hi Rick~ Good job on those index puts. I just don't have the heart for puts or shorts yet. Need more trading experience I think. As much as I dislike asnd now, I am trying to find something interesting on it to keep me not abandoning it. Found this post by Jay Harris( a fund manager) on SI "Cisco saw low double digit sequential growth in remote access with a new product comming out next year with good density (I think over 2,000 ports on a 7 foot rack. I will try to answer your question once I have my notes(middle of next week). I own ASND and I'm currently getting taken to the wood shed. I still think Ascend can earn $2.00 in cal 1999 and that a 25X P/E will get me to $50 for a double. However, everyone is currently jumping into this space and I expect remote access ports to decline substantially in price in cal 98. They could possibly follow the path of fast ethernet from a price perspective. Remote access is hurting ASND currently at 50% of revenue. This business will recover in time (12 months). ATM and frame relay at ASND are beginning to build nice momentum. Ascend still has a very good technology portfolio and would make an excellent aquisition for a large telecom equipment vendor trying to speed up the Telecom deregulation market opportunity." On the other hand, ASND's CEO sold part of his holding not long time ago. What does it imply? Lacking confidence on his own company? Oh well! I only have a few asnd shares which I bought by using the profits I got from cymi. Not a lot to make a big loss. Should have tracked it more carefully. Wait it to bottom out and buy some out of money cheap calls. It worked out well with pair last time though. Slb got mentioned on Wall Street Week last night. If market stablizes next week, slb might get a boost from the recommendation. I like semis here but am still trying to figure out how the SE Asian currency proble will affect them. Intel point out problems in Asian but offset by the European market recovering. Found this report on Klac: SAN DIEGO (CBS.MW) -- KLA-Tencor Corp. said Tuesday that the latest economic shocks roiling Asian financial markets will jeopardize the semiconductor-manufacturing equipment maker's revenue and gross profit margins in coming quarters. Chief Executive Jon Tompkins said his Asia-based customers now account for around 20 percent of the company's worldwide sales volume -- well below its average historical level of 30 percent. But he said the Asian portion of its sales should remain below that average for "the next couple of quarters.'' I probably will wait until AMAT's earning report next week to give me some ideas about semi equipment makers' near term future. T shows resilience during the sell-off. Might get back in when it dips again. Watch mrvc, dy, rmbs, pfe next week. Regards, Iris

To: Rick C. who wrote (2240)	11/9/1997 8:05:00 PM
From: PuddleGlum	Respond to of 37387

Rick- Could you take a look at SFY and tell me what you think (TA/FA)? I've been in that stock too long to be objective and I think an unbiased opinion would be helpful at this point. Also, for those who like semi equips, I think HELX is a fine consideration. Like most in the sector they stand to benefit from conversion to 300mm wafers, but they also have two product strategies which could significantly increase revenues and earnings in the short- to mid-term. Currently they serve primarily PVD market with cryo pumps, but they could garner quite a lot of the CVD market with their new water pump. Also, they are extending their OnBoard product line to a larger process management platform. Like SFY, I've been in HELX quite awhile and may lack objectivity here. Any comments? Other equipment companies which I like right now are PLAB, ETEC, ASYT, and NVLS. I think these will go lower for a couple of days before the uncertainty is resolved. TIA, Steve

To: Rick C. who wrote (2240)	11/10/1997 7:39:00 AM
From: Daveyk	Respond to of 37387

Hi Rick,Seems to me that's their bet and probably could happen sooner with transition to MR.A bit more dip in RDRT and I'll be a buyer.Maybe calls rather than stock? Cheers,Dave

To: Rick C. who wrote (2240)	11/10/1997 9:28:00 PM
From: Crossy	Respond to of 37387

Hi Rick & all, regarding my opcoming Nikkei-LEAP calls, I will buy them end of November soonest. If the market is in a downspin by then I would wait till the end of Year with that experience in "mastering the tsunami" <G>. Regarding my current plays, I feel that the semi equip sector will provide leadership capabilities. PLAB is very firm today and should be more early in the cycle compared with MASK & DPMI. Many of my oversold plays I wanted are approaching buying target areas. CYMI under $20 looks cheap to me. Again wasn't patient enough and bought slightly below $23. Could increase my holding on that. best wishes CROSSY