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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (12168)10/19/2021 5:34:11 PM
From: Elroy  Read Replies (2) | Respond to of 26820
 
With so many of us fully aware of past cycles... could that be the reason they don't crash the next time?

Sorry, I don’t understand your English. I don’t know what “that” refers to. I don’t know what next cyclical crash you’re suggesting simo might escape. All I can respond is……whaaaat?

For example, I think much of the money that would jump into high growth semiconductor related stocks is now chasing crypto currency and electronic "art." Those bubbles could collapse and those that get out early may seek stocks that pay dividends and have real value... something that happened with the internet bubble collapsed in 2000.

There are plenty of semis today with 40x PE’s and similar or slower growth than SIMO. So….crypto doesn’t explain SIMO’s current pathetically low PE.