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 267.87

-0.6%

Dec 5 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Shoibal Datta who wrote (44805)	3/30/2001 11:56:51 AM
From: Kirk ©	Read Replies (2) of 70976

Bzzzt! Next contestant Please! 8) Look at that same chart from 2001 to present. But go out just 10 weeks more from 50 to 60 weeks. AMAT is no longer down the same as the Nasdaq. Instead, it is down 40-45%, the NAS is closer to 60%. Your comparison to the NASDAQ would ONLY have relevance IF AMAT had unprofitable or barely profitable divisions titled "CMGI", "JDSU", "CSCO", "NTAP", etc that were making a tiny bit of money for their relative weight in AMAT sales. These "divisions" of the NASDAQ were selling at P/E's of 200 or more and PEGS in the statosphere. They also carried significant market capitalization weight. Hell, I saw yesterday that Cisco has lost an equivalent market cap to the current market cap of MSFT+Intel! At one time, PCLN had a larger market cap than the airlines it was selling tickets for! Looks to me that AMAT is trading in its new bull market upchannel... I know as I ALMOST sold some for trading Monday when it went above $50, but I was late, lazy and greedy thinking it might go higher and break-out... mix all three in and you see why I am a better long than trader! Almost sold some LRCX too at $29 but didn't.... Hard to talk about a "V" recovery when we've been in the bottom of a "U" for 5 months now as this chart shows... www2.marketwatch.com I think the question is "How long can you sell at $50 and buy back at low $40's before we do start higher?" Kirk out

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next