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 252.25

+0.9%

Nov 28 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: michael97123 who wrote (40254)	12/1/2000 1:20:11 PM
From: trilobyte	Read Replies (2) of 70976

micheal, I agree with your point. AMAT has now dropped about 65% from it's high. I think this is about the same correction, or slightly worse (someone with long term data may enlighten me) than the 1998 destruction. And these were very bad market conditions... now, the correction happened eventhough bookings (look at NVLS yesterday) remain near record levels. I think we currently have priced in the stock a significant downturn in bookings for at least 6 months. After that, nearly everyone agrees that 300mm should come online relatively fast. So the future is not as bleak as all the analysts want us to believe. I think they want our shares...

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next