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.
Strategies & Market Trends : Quarter to Quarter Aggressive Growth Stocks
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jack Hartmann who wrote (4259)1/3/2003 1:53:15 PM
From: Lizzie Tudor  Read Replies (1) of 6925
 
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."

There is a whole world of consumers coming online for PCs that have never had them before, this is precisely why those Korean fabs are buying so much now even though they have "no" demand... and besides comparing applied with all its IP and a product that can't be duplicated by anybody to paper or chemicals really goes too far.

I respect Herb for his track record. I wince when I see a target of AMAT at $5 though.

I see you agree about this call. See this is the problem with this market, these bearish calls have gone over the deepend totally. I have seen technology compared to basic materials- alcoa, etc. also to railroads.. ie "we're done with the buildout no growth ever again". I need to read somebody with some perspective here. Right now we have applied in the low teens stock price. This guy says applied at $5 because it is no better than a paper stock... assuming the paper stock analogy is way offbase to the downside where is the bottom for AMAT? Maybe $10 or so which was right about the Oct lows.
Lizzie

edit - oh I see in later posts you discuss Greenberg's source.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News