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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 252.25+0.9%Nov 28 9:30 AM EST

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To: Jerome who wrote (2168)8/7/2002 9:39:15 PM
From: Donald Wennerstrom  Read Replies (1) of 25522
 
Gottfried and I have traded a couple of posts on this issue. The 12 month target prices are quite high as you have noted, but the analysts the last 4 weeks have been really downgrading the group.

Message 17845338

Makes it kind of difficult to "kill the group" on one hand and then predict that prices for the Group in 12 months will be roughly 100 percent higher.<gg>

Just another in the long list of dichotomies presented by analysts to the investor. Unfortunately, the average investor tends to listen to them as noted by the plunge in semi-equip prices in the last 3 weeks.

Don
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