$1,000 follows their calls into $1,042
Silicon Salvage@SiliconSalvageThere is a graveyard in American tech right now and nobody is walking through it. Companies down 70, 80, 90% from the highs. Still profitable. Still growing. Still the leader in their category. Just unloved. The Trade Desk at 9x earnings. PayPal at 12x with $6 billion in free
Silicon Salvage@SiliconSalvageFireworks tonight. Fire sale in software. $ADBE - 9.6x earnings, down 43% from its high $INTU - 12x, down 66% $HUBS - down 66% Nothing says freedom like buying Photoshop's parent company for less than the market pays for the average boring index stock.
Silicon Salvage@SiliconSalvageI’ve been to 3 weddings this year. At all 3, during the vows, I checked NVDA. At the last one, the groom said “in sickness and in health” and I whispered “that’s just semiconductor cyclicality.” The bride’s mother heard me. I was moved to the kids’ table. The kids asked what I
