...for $10 to customers who haven't ordered for a while. This way Amazon boosts repeat customer sales numbers. It's a very deceptive way to indicate that they have some sort of customer loyalty.
I traded out of two of my AMZN Sept Calls today @
around 661/2, and bought YHOO Oct Puts @ 167.
trades so far very profitable.
The DOT Index remains
on a buy signal, and made a new high @ 635
AMZN continues to make a series of higher highs &
higher lows since the Aug 10th low.
The Fed will not
raise rates in Oct.
The Put/Call Ratio is
Bearish Sentiment is up 2% according to Investor's
Intelligence in New Rochelle, NY.
All this considered,
there is no Crash of '99 in sight!
good idea on MU, nice contrarian play. Going
short at 84 would have been a nice entry, but i think
it'll close below 80 Friday due to high call/put
DRAM prices have been sky rocketing and that's MU
bread and butter and the whole semiconductor sector has
been having a nice run. The question is "Has it
topped?". I'm starting to think so, especially after the
failure to rally today.
i think INTC has topped at
89 and its the sector leader. I own a few thousand
shares of that, by far my highest holding so i try to
follow it closely. A couple weeks ago, in fact, i sold
covered calls @ 90 for all my INTC as i thought with a
P/E of 42, it was way ahead of itself. Looks like
i'll get to keep my premiums on that one.
>>Much of the semiconductor industry is
using older manufacturing equipment that needs to
replaced, in order to lower manufacturing cost.
New equipment is also needed for the new types
chips being developed.
MU develops their own
equipment that is far advanced beyond what the rest of the
industry uses. You'd know that if you did any research and
quit relying on these journalists.
said "much" not all. Low-end, high-end, doesn't
matter. INTC can make the highest-end chip imaginable. If
nobody buys it what good is it to investors. Hey this
isn't a science constest, guys, this is the business of
Chip makers in for a long cycle
By Roy M.
Blumberg, CBS MarketWatch
Last Update: 3:09 PM ET Sep
10, 1999 Commentary
Join the discussion
NEW YORK (CBS.MW) -- Semiconductor stocks came to
life in the last few months, after a long period of
A better way to play the new
upturn, would be to buy the companies that make the
equipment that makes the semiconductors.
of chips and slow personal computer sales led to
plunging prices for both chips and chip stocks. This has
been particularly true for companies making low-end
products like Micron Technology (MU: news, msgs) and
Advance Micro Devices (AMD: news, msgs). High-end product
makers, like Texas Instruments (TXN: news, msgs) and
Intel (INTC: news, msgs), performed better because
their products are considered leading technology.
Demand has picked up again, but it's becoming clear to
investors that, with the exception of the latest
technology, chips are going to continue to see pricing
pressures on a regular basis. If these companies are going
to continue to prosper, they'll have to find ways to
Today on CBS MarketWatch
CPI launches U.S. stocks
Core CPI rises 0.1%
Xoom.com, NBC Internet, Value Vision in alliance
DaimlerChrysler raises 1999 targets
Microsoft to acquire
More top stories...
9/15/99 9:37:58 AM ET
Much of the semiconductor industry is
using older manufacturing equipment that needs to be
replaced, in order to lower manufacturing cost. New
equipment is also needed for the new types of chips being
More room in equipment
There should be additional room for semiconductor
stocks on the upside in the next 6 to12 months. However,
the easy money has probably already been made. A
better way to play the new upturn, would be to buy the
companies that make the equipment that makes the
semiconductors. There are a number of companies that should
benefit from this trend.