Formerly About Applied Materials Message Board

STOCKTALK

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.

Politics : Formerly About Applied Materials

AMAT 228.68

+1.2%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TimF who wrote (35341)	5/23/2000 9:03:00 PM
From: Kirk ©	Read Replies (2) of 70976

>>The market is ignoring outstanding news from the company and industry, and instead moving the stock based on general market conditions >They why is AMAT tanking a lot more then the general market or NASDAQ in particular right now? >Tim I've heard some say that strongest are the last to go to finish the selling. The people that sell on weakness save their best stocks until last. That would include AMAT, Intel, Cisco, Sunw, etc... It makes a bit of sense as some of my "weaker stocks" like SFAM (down 1% today) got creamed very early on and are actually holding fairly well now as the stronger companies in my portfolio like LRCX and AMAT (both down about 10% today) are being sold off now. The question is "what to buy" when and if we decide to buy back in? The weaker ones that can give more return or the stronger ones like AMAT that will give more instant gratification but probably lower overall return? Of course, this is assuming we don't get a recession. I do not think we will and I agree that this is probably the tail end of an overall bear market that was hidden by the capitalization weighted indexes like the NASDAQ where super growth was well rewarded while bank stocks are yielding 4% with a p/e of 10! Banks, Russell 2000 and value stocks in general have been in a long bear market. Those of us that invest in high technology have not seen it nor those that invest in index funds but value investors sure have not been celebrating the past two years. interesting market for sure!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next