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 : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?

To: Ian@SI who wrote (20529)	12/31/1998 11:11:00 AM
From: Zeev Hed	Read Replies (1) \| Respond to of 25960

Ian, one of the reasons I tend to lend credence to the story is the relatively "sorry" behavior of WFR. A lot of their capacity is serving the region the reporter was talking about. If that region was "healthier" at this point, or even if its future was indicating resumption of growth, I would have assumed that WFR's stock would be showing more strength at this time, FWIW. Zeev

To: Ian@SI who wrote (20529)	1/3/1999 10:05:00 AM
From: Greg Jung	Read Replies (1) \| Respond to of 25960

Ian, re: It's out of date by the time we see it. It is not probable that an industry's fortunes turn on a weekly basis and so a balanced article collecting several viewpoints is timely enough, especially if the POV is contrary to the run of stock prices. Keep in mind that things really have been pretty bad and the only evidence for bottoming and upturn has been filtered and presented by stock hypsters - er, I mean, semiconductor analysts. The saving grace is that the predominant story has now, because of the broad-based tech stock rally, been bought by Wall street types who say, hey, if we can pay 40 times earnings for P&G, why not 40x earnings for Intel? Or 50x "what if" earnings for Micron Tech. Greg