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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: LTK007 who wrote (3868)3/22/2001 9:10:39 PM
From: Andy H  Read Replies (1) of 52237
 
Remember, this B to B ratio is for semi equipment sales, not the chips. The number may sound bad, but with AMAT speaking today with no adverse reaction, tomorrow will not bring a large selloff. I suspect that most or all of today's large gains will hold tomorrow. I'm not sure why AMAT is so far from previous bear market valuations-it has to fall a long way to get there. If orders are bottoming in here, we won't get to those low values on this go round. Don't see a lot of upside here either.
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