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 : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: MARK C. who wrote (7237)	1/12/1999 5:28:00 PM
From: MARK BARGER	Respond to of 90042

NVLS and AMAT may be good short/put candidates tommorow. INTC announced a 25% reduction in capital spending for '99. That is $1 billion in reductions. AMAT and NVLS have exploded upward in the last couple of months and were looking toppy anyway, but with this news they will likely get punished in the next several weeks. I'm hoping they both don't gap down to hard tommorow so I can get in at a decent price. INTC had only 5% year over year growth. Their margins were up from 54% to 57%, which is impressive. Still I them as overvalued at a P/E of 30+ like they are. BWDIK! Good luck to all! Mark