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.
Politics : Formerly About Applied Materials
AMAT 304.08+2.2%Feb 5 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: BWAC who wrote (63944)5/22/2002 9:29:47 PM
From: Return to Sender  Read Replies (1) of 70976
 
>All I know is AMAT has traded like sh*t all week if you were long. Seemed as if endless shares stood in front of any buying. Almost seems like a setup to me?<

It's not just AMAT. All the components of the SOX and the semiconductor group have been weak.

finance.yahoo.com^SOXX+ALTR+AMAT+AMD+BRCM+INTC+KLAC+LLTC+LSCC+LSI+MOT+MU+MXIM+NSM+NVLS+TER+TXN+XLNX&d=c&k=c3&t=3m&a=r14&p=b%2Cv&l=on&z=m&q=c

To me it is highly doubtful that INTC will announce a 2003 capex cut this early. We are in a Bear Market stuck in a trading range. AMAT at 22 1/2 again in a week or two just on fear alone seems possible to me. Probably a great buy at that price.

RtS
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext