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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 250.74+3.4%3:55 PM EST
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To: Jeffrey D who wrote (1504)7/12/2002 4:44:47 AM
From: StanX Long  Read Replies (1) of 25522
 
Actual, as I am quite familiar with their products, I know that is a very small subset of a system. But you do point out an ongoing issue, fire sales on spare parts at 5% of OEM prices. At a 95% discount, you can't beat it, so buy it. Of course, that's what I thought when I bought LU at $5.00 in March/April only to watch it go to less than two bucks.

Then, there's the next add for an Applied Materials P-5000 Mark II for $400,000.00. Now there is a ten year old product going for about 1/2 of the original price. So their system's price actual has held up quite well, better than my BMW 740IL. My 1997 BMW is worth about 1/3 the original price.

Good luck to all.

Stan
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