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Technology Stocks : Full Disclosure Trading
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To: Sultan who wrote (3681)1/3/2003 11:08:40 AM
From: Cary Salsberg  Read Replies (1) of 13403
 
OT

Applied Materials: $5. "It should trade at a price/earnings multiple in line with other little-growth cyclicals like paper and chemicals," the chip source says. "Applied will not grow in this cycle."

I LOVE THIS! In 2000, when people were calling for a $250 price for AMAT (AMAT was close to pre-split high, $115), I posted that AMAT would hit $25 before it hit $250. I will go on record here and say AMAT will hit $50 before it hits $5!
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