Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 230.17

-1.4%

Nov 7 9:30 AM EST

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To: Jacob Snyder who wrote (33911)	1/29/2000 4:55:00 PM
From: Proud_Infidel	Read Replies (1) of 70976

Jacob, If I recall correctly you abandoned ship(AMAT) at about $127. Now you are saying you will jump in at $94. Even if your gains were long term gains, that only puts you ahead by about $7, assuming 20% capital gains taxes. (127.8=101.6) , I'll be out (again) at the first whiff of semi over-capacity. I don't expect this to be a problem for the next 24 months, at least.* If you truly believe this, why should you or anyone else expect AMAT to trade below market multiples as you are expecting? The end is nigh. Someone fix the record player, it's skipping again:-))))) BK

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