SI
SI
discoversearch

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.
Technology Stocks : Novellus
NVLS 2.400+2.1%Jul 24 5:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: LemurHouse who wrote (3309)3/3/2002 8:41:58 PM
From: Cary Salsberg   of 3813
 
In the last move up, '99 I think, on the AMAT thread, I suggested a strategy very similar to what you said.

I said we should try to estimate the max cycle earnings and apply a 20 PE to it. I said that the quality of the estimate would improve as we got closer to the top. I said that if the market discounted the target max price early in the upturn, it made sense to take profits.

This strategy allowed me to keep most of my profits in 2000.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News