Semi Equipment Analysis Message Board

STOCKTALK

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 : Semi Equipment Analysis

SOXX 298.01

-0.5%

Dec 15 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sarmad Y. Hermiz who wrote (6712)	11/5/2002 10:02:00 AM
From: Alastair McIntosh	Read Replies (1) of 95580

Sarmad, I think that AMAT's layoffs are signalling that IC sales growth will not soon recover. Of course there will be savings but $176,000 per person per year seems high. On the other hand I think that projected IC sales for 2004 are too high. Also don't forget the costs of layoffs and the costs of hiring and retraining when demand comes back. I'm sure that AMAT feels that an increase in demand if far enough in the future to absorb these costs. I also agree that the market is reacting in a stupid fashion. On any rational basis AMAT should be trading for no more than $10 share.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next