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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Paul Shread who wrote (34017)4/10/2002 12:25:40 PM
From: The Freep  Read Replies (1) of 52237
 
Paul. . .

<<and AMAT about a $2 stock (not joking on those)>>

I'm just curious how you figure that. I know they're not growing right now (and may not again), but they are cash rich, almost entirely debt free, and actually sell a boatload of equipment, even in this decline. They have six bucks a share in cash and aren't bleeding it. So. . . I'll take AMAT at 2 bucks a share, thanks. Now, I won't TOUCH AMAT at 50, don't get me wrong. But I'd love to hear why it should be 2. That way, I'll save money if it gets to 10 and I think about buying <g>

the freep
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