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-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?

To: Jay M. Harris who wrote (4417)	1/13/1998 9:48:00 PM
From: Ian@SI	Read Replies (2) \| Respond to of 10921

Jay, Methinks thou doth protest too much! You haven't reported that INTC is increasing CapEx to 5.3B. You haven't reported that MOT is also increasing CapEX. Yes there are some reasons for concern. But anyone waiting for the leaders to get to 1*Sales is going to miss out on a major upward move. The INTC conference call can be listened to at audionet.com If you have realaudio. Markets in Asia are up another 1.5 to 7.5 (Singapore)percent. Looks like we may have another up day tomorrow. regards, Ian.

To: Jay M. Harris who wrote (4417)	1/14/1998 8:26:00 AM
From: Mason Barge	Read Replies (3) \| Respond to of 10921

BUY!! If there was ever a confluence of factors predictive of a short term rally, we have them this morning. Asian markets up about 5% (and all of them up at least a little) and solid earnings surprises from Intel and AMD. Forget AMD, actually, Intel is going to drive a rally all by itself. Also, Suharno is suddenly making VERY favorable noises, promising to exceed IMF requirements for fiscal restraint, and China promises not to devalue the Yuan. We are going to see a devaluation of the $HK when things calm down a little, but that won't hurt today. Anyone who ever trades short-term will want to take a hard look at getting in pre-opening today. The tech sector is going to gap up, for sure, but past history indicates that the rally will continue all day, broad and deep. IMHO, it's going to be enough to run the DJIA up a couple of hundred -- the tech sector should rocket. Anyway, I'm buying to margin limits at open on my theory that a rally is going to extend after opening. For sure, though, anyone who's long as of Monday is going to make some good gains by today's close. In other words, anyone who bought when there was "blood in the street" is going to see his theory's day in the sun today. I've been wrong before, but I'm putting my money on this one. Heck, I bet you a buck that people holding APM will make 10% today.