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 : LSI Corporation -- Ignore unavailable to you. Want to Upgrade?

To: Tony Viola who wrote (18454)	5/16/1999 11:06:00 PM
From: patrick tang	Respond to of 25814

That really is one of the best indicator, isn't it? We all know that Wilf thought that $24 was a good buy for himself, he bought a bunch last year at $24. Anybody has any recollection of Wilf's buy and sell record on the last go-around? If he did good the last time round, perhaps we should just follow the jedi master out the door the next time. I doubt that he will sell after the top, that's just inviting lawsuits. If he is going to sell before the top, by the time we find out, that's just about the absolute top, wouldn't it? patrick

To: Tony Viola who wrote (18454)	5/17/1999 7:16:00 AM
From: Robert Scott	Read Replies (1) \| Respond to of 25814

Check out this chart on Micron Technology: quote.yahoo.com See the run from 1993 - 1995 = pricing power and capacity constrained. I actually bought 100 shares in late summer 1995 in the 60's. I watched the stock climb to 90 - still its all time high - and then start dropping. I got lucky and didn't really care about the stock so I sold in the 70's for a small gain. I had no idea that the drop to 20 was even possible - all the news was great. Demand exploding, visibility excellent. But the market was watching the supply and pricing which began to signal a top - even though MU continued to blow out earnings. Of course the price had risen dramatically so it could be argued that the earnings growth was already in the stock but it was instructive that the stock was weak in spite of very strong earnings = another signal.