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 : Electronic Contract Manufacture (ECM) Sector -- Ignore unavailable to you. Want to Upgrade?

To: jeffbas who wrote (1174)	1/24/1998 7:58:00 AM
From: Creditman	Respond to of 2542

Jeff, I don't know about "Bear Market Rallies" and stock market phenomona but I do know about ECMs and can tell you that they are not "overflow" suppliers. Maybe they started that way many years ago but today few OEMs have the technology, capacity or facilities to do the work they pass through to ECMs. Maybe ECM shares are packaged in mutual fund bundles along with small caps, semis, whatever ...stocks that may have good reason to be down. When they sell the tech mutuals ECMs suffer. Could be? ECMs are booming and Asia is a plus for them. ECMs manufacture off shore ... in Asia ...and export back here so the costs are heading down. The big problem in the industry is still how the Hell to fill all the orders!! That is why all the expansion is going on; more orders as OEMs turnover even more business and more business as the public cannot get enough electronic stuff especially communication euipment and computers.

To: jeffbas who wrote (1174)	1/24/1998 1:09:00 PM
From: DD™	Read Replies (2) \| Respond to of 2542

"The action is pretty consistent with bear market rallies - where the leaders rally, while the others do next to nothing" Speaking of said rallies, I was looking at some of the major market indice charts again last night, and the one that really stood out at me was the NAZ.. iqc.com A child of 10 could see the declining tops characteristic of "exhaustion rallies" since the October crash. These often appear when the bull is long in the tooth. Fortunately, the market has found suport on three occasions at the October lows. If we head back again, it could signal another short-term buying opportunity. If it is violated on heavy volume, all bets are off of the table. DD