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 226.05

+1.3%

Nov 14 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Gottfried who wrote (50486)	8/13/2001 11:07:30 PM
From: advocatedevil	Read Replies (1) of 70976

Gottfried, I would agree that there's "no rush to get into the stock." I suspect we'll bounce around with a downward bias for the near-term. I'll try to make a few more short plays until some visibility returns. When this cycle flips, I'll probably take a good hit, but with a little luck, I'll end up with more wins than losses and some cash on hand for some purchases. In any case, I have my AMAT long position established. As for earnings... I think they'll probably report an in-line quarter, but I'm expecting their outlook to be poor. It appears many are already expecting some weakness in their forecast, so who knows how much is already priced in and how the stock will react. Unless we see some significant drop in the sector tomorrow, I'll probably hold my LRCX short play and ride it out. I'm sensing that AMAT will rise after their report, but if it does, I think it will be short-lived. If LRCX moves up with AMAT, I'll almost certainly press my dark-side position. All FWIW. AdvocateDevil

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next