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.

Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Teri Skogerboe who wrote (17843)	3/18/1998 2:13:00 PM
From: Jacob Snyder	Read Replies (1) \| Respond to of 70976

shorted ASMLF today, as a partial hedge against my large permanent long position in AMAT. ASMLF is the only semi-equip that has rebounded to near its 52-week high Also thinking of shorting KLIC, whose prospects and fundamentals are the weakest in the group. In general the entire group moves in lock-step, and any deviation of one stock from the herd's movement is temporary. I am more concvinced than ever that we will retest (50% probability), or break below (50% probability) the Jan 1998 lows. Across the board, the semi industry is warning of falling margins and soft sales. It is wishfull thinking to expect the semi industry to invest in new capacity in this environment. We have yet to see the other shoe drop in Asia. China will be forced to devalue their currency, there will be another wave of competitive devaluations, there will be blood in the streets (literally) in Indonesia, the Japanese banking system will have another pile of bad debts added to the mountain of bad debt they have been hiding for 8 years. I'm bullish on this stock, but only long-term.

To: Teri Skogerboe who wrote (17843)	3/18/1998 10:36:00 PM
From: BigShoulders	Read Replies (2) \| Respond to of 70976

Teri and all Some issues that may be affecting stock prices now and in the future: 1) Internet stocks and potential providers of solutions to the bandwidth problem are obviously getting investors' attention. Examples - Bill Gates invests a $billion in Comcast; AOL, Yahoo, etc; even the regional phone companies stocks are on the move up (my USWest stock has made me look smart even though I'm not). This may be holding back semi stocks. 2) Computer hardware seems to be well ahead of the needs of most people. You don't need a 333mhz PentiumII to surf the web. My Dell 233 runs faster than I need. The sub $1000 computer has adequate speed, hard drive, RAM for most people. Isn't this bearish for chipmakers and the equipment providers? Are there changes in software on the horizon that are going to make this power a necessity? How soon? . How long will it last? When internet speed is improved, will there be need for more powerful hardware? I haven't seen these issues discussed here. If anyone has some insight or an opinion please comment. BigShoulders PS - Teri, I think your posts, with news of the world that affects us, are very helpful in seeing the bigger picture. Is your middle name Newshound?