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: Justa Werkenstiff who wrote (27733)	1/15/1999 7:21:00 PM
From: Math Junkie	Respond to of 70976

This sector has always been prone to wild swings. The unusually high valuations we are currently seeing may be partially attributable to the high market valuations generally. As for backing and filling, I think we will see that - have patience. It is very common for this sector to run up in advance of earnings and then sell off immediately after earnings are announced, even when results are good. I have seen it time and time again. I don't know what expectations led investors to bid the sector up so high so soon. I think that we will see a continuation of the gradual improvement in business in this industry, but whether it will be enough to satisfy investors' expectations in the short term is anybody's guess. The only thing I know for sure is that this sector has surprised me before, and is likely to do so again, one way or another. According to E*Trade, KLAC and SVGI kick off the earnings season for the sector on Tuesday morning, followed by NVLS on Tuesday afternoon and ASYT on Wednesday afternoon.