SI
SI
discoversearch

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 249.99+3.1%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Katherine Derbyshire who wrote (38695)10/25/2000 11:03:22 AM
From: Kirk ©  Read Replies (1) of 70976
 
Bottom Shopping

Are we seeing less negative reaction to bad news?

Cell phone maker Nokia warned about 6 months ago that Q3 would be light and that they should be OK in Q4.

Amat headed South from $115 soon after

Since then, it seems that every piece of bad new that this or that end user of ICs might see a slowing would drive AMAT lower. (PCs, wireless phones and Networking/infrastructure have been the 3 big users plus maybe games)

Bad news for cell Phones, then PC makers AAPL and Dell, then Europe for some companies like Intel... all sent AMAT lower.

Now one of the hottest and fastest growing segments actually saw a lower order quarter (Nortel in Optical Networking) and you would think this huge user of silicon would cause AMAT to get hammered again... but AMAT is up as I type.

Are all the sellers gone? Shouldn't NT's news have been as bad as just about any of the other bad news items that sent AMAT reeling?

Kirk
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext