SI
SI
discoversearch

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 TrendsZeev's Turnips - No Politics


Previous 10 Next 10 
To: Jack of All Trades who wrote (78657)6/13/2002 9:12:32 PM
From: Zeev Hed
   of 99279
 
I think that the group is of the type that when their customers catch a cold, they catch a deadly pneumonia. Razor thin margins and very large overhead, feast and famine kind of existence. I would not get into it for now, even at book. You also must remember that "book" often includes a lot of Capex bought in past years in preparation for the good time, by the time that equipment is put to use, it may be (partly) obsolete, thus some of that "book" is really a figment of an accountant's fertile imagination. I don't follow DDIC myself, but do follow other members of the group, so that situation might be different.

Zeev

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Steve Lee who started this subject6/13/2002 9:16:45 PM
From: acuransx_2000
   of 99279
 
GNSS will be a bargain at $3.00 .

Share RecommendKeepReplyMark as Last Read


To: Jack of All Trades who wrote (78657)6/13/2002 9:31:35 PM
From: Zeev Hed
   of 99279
 
On DDIC, I just gave it a fast look, if they bleed at the recent rate, they will run out of cash in two qyuartersm SANM has close to a Billion in ash, DDIC only $30 MM, so if the group interests you, SANM should be a better candidate (it also sells at discount to book, but I have not checked the "quality" of these book values).

Zeev

Share RecommendKeepReplyMark as Last ReadRead Replies (2)


To: 16yearcycle who wrote (78673)6/13/2002 9:41:13 PM
From: Zeev Hed
   of 99279
 
I have just finished "incorporating" today's trading into the model, and while the window for the interphase bounce is still next Tuesday, there is a high probability that today's high at 1526 was "it". If it turns out to be the case, then phase III od the Nassacre should bring down the Naz lower than 1320, and at the earliest on Wednesday June 26th (11:28?<g>). The last phase of the Nassacre may very well be the bloodiest (could be as much as 20% or 300 Naz points from the recent high here at 1526? or a full 100 under the "nominal low). I was hoping for the interphase bounce to push all the way to 1595 so that the end of Phase III would not cause a breach of the September lows, but what I was hoping and what the market is serving are two different things. I am already at 68% cash and it is very likely that IDCO will breach my stop tomorrow, in an event, I will probably be selling it on any bounce, I may also sell the AETH if it just get an iota above $3 (that will be close to a 10% gain, in any event, and a profit in face of an impending phase III is a profit). Similarly, I will probably take what I can of NEWP and GNSS trying to get to the 80% or more cash level before next Tuesday.

Zeev

Share RecommendKeepReplyMark as Last ReadRead Replies (4)


To: Zeev Hed who wrote (78686)6/13/2002 9:41:33 PM
From: Nancy
   of 99279
 
sanm got a downgrade today because its capacity utilization is less than 20%, that is what i heard on cnbc.

what about flex ? as the brokerage said flex is a better play in that maligned sector.

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Nancy who wrote (78688)6/13/2002 9:43:59 PM
From: Zeev Hed
   of 99279
 
Why play the sector at all? When capacity utilization at one outfit is 20%, you can be sure that cut throat competition is going to be fierce and only the fittest (the most quarters of cash burn on hand) will survive.

Zeev

Share RecommendKeepReplyMark as Last ReadRead Replies (2)


To: Zeev Hed who wrote (78689)6/13/2002 9:45:08 PM
From: Nancy
   of 99279
 
true. but flex seems still bouncy.

Share RecommendKeepReplyMark as Last Read


To: clutterer who wrote (78680)6/13/2002 9:48:30 PM
From: hotlinktuna
   of 99279
 
It will be interesting and GG is my favorite of the golds....thanks mad! tuna

Share RecommendKeepReplyMark as Last Read


To: 16yearcycle who wrote (78673)6/13/2002 9:51:18 PM
From: Mark Johnson
   of 99279
 
<<do you have a scenario that has us going into free fall,>>

What...!....Zeev has a scenario for every possible scenario.....Zeev reserves the right to be right on every market call....right or wrong Zeev is always right.....right.......right.....right.....

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: zturk who wrote (78648)6/13/2002 9:51:29 PM
From: Softechie
   of 99279
 
How about playing the dead cat bounce?

Share RecommendKeepReplyMark as Last Read
Previous 10 Next 10