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 : IDTI - an IC Play on Growth Markets -- Ignore unavailable to you. Want to Upgrade?

To: Samuel R Orr who wrote (9489)	8/31/1998 12:30:00 PM
From: Rob S.	Read Replies (1) \| Respond to of 11555

Any stock is a great buy only if someone else will pay you more for it when you want to sell it. If your time horison is to profit in 3-6 months, then it may not be such a great deal. If, on the other hand, your objective is to hold on for 5 years, then stocks probably aren't such a bad deal right now. The problems that are effecting the general market are effecting semis even more - lots of billions have been pumped into production capacity throughout the world and we are in a "supply side" recession. Too many products chasing dwindling liquidity. The US semi industry has mostly itself to blame - too busy playing macho competitive games with each other to lift their heads up out of the sand to challenge the funding of their overseas competitors huge market grabbing capacity builds. A lot of the Asian and other capacity was financed by US, Japanese and German international banks who now want help from the IMF to bail out their arses. It's long overdue the point that the quibbling directors and CEOs of US & European semi companies stand up and join MU and others to fight for equity! They should be united on this if not on anything else. Now the problem is that a collapse of Asian industry effects the US - it's difficult to lance the boil without spurting puss all over the place. "Gee, how did this mess happen?" - maybe they should ask their kids 11th grade Junior Achievement class.