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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 162.77+2.6%Dec 8 3:59 PM EST

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To: Kirk © who wrote (9559)3/22/2001 12:46:31 AM
From: molemania   of 10921
 
Good point Kirk. I usually don't say much but I have to chime in here. Remember during the darkest part of the Southeast Asian crisis a few years ago, I believe it was Prudential who came out and put a price target of 10 on AMAT when it was around 20 (pre split I believe). AMAT had already taken a thrashing and when there was nothing left to thrash Pru still thought it would be cut in half in the next 12 months. Of course things didn't work out Prudential's way and they usually don't work out the way the analysts think. Geez, MTSN was around 2, ASYT was 3 (split adjusted) I believe and so on and so on and no one would touch them with a ten foot pole.
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