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Politics : Formerly About Applied Materials
AMAT 260.77+0.2%Dec 24 12:59 PM EST
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To: michael97123 who wrote (66405)10/5/2002 9:31:56 PM
From: Jacob Snyder  Read Replies (1) of 70976
 
Actually, I think that's an excellent post, lots of good ideas. I've become a recent convert to the idea that this is going to be a long, deep recession, (like 1973). And I think there is now a reasonable possibility of seeing AMAT at a P/S of 1-2, sometime in 2002 or 2003. But I'm not smart enough to know exactly when or where things bottom, or which bear rally is really the start of a new Bull, so I'll just stay in the market. And I will be putting new money into stocks, for the first time since 1998.
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