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 268.17

+0.1%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ian@SI who wrote (47155)	5/23/2001 5:15:43 PM
From: Jacob Snyder	Read Replies (2) of 70976

re: Under what conditions (AMAT at 10)? A severe recession, of the kind we haven't seen since 1973 (so long ago, it has totally faded from investor's frame of reference). We would see a wave of bankrupcies among semis (similar to what we are currently seeing in telecom). New fabs would be shut down, and be for sale at distress prices (near zero). Under such economic conditions, bookings for semi-equip could slow to a tiny trickle of tech buys, and stay there for 6-18 months. Not a prediction (I don't think AMAT gets to 10, either), but it is within the realm of possibility. And it is certainly useful to watch for the danger signs that precede such an scenario.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next