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Technology Stocks : Semi Equipment Analysis
SOXX 331.90-0.4%Jan 14 4:00 PM EST

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To: Donald Wennerstrom who wrote (15209)5/17/2004 4:34:01 PM
From: Return to Sender  Read Replies (1) of 95718
 
Don, regardless of how we measure a stock price based on any metric it is the future that matters most.

Since January the market has been telling us what economic numbers are now confirming; the red hot economy is slowing down. That's ok if it does not slow down too much. By that I mean the world economy. Unfortunately the world economy is slowing down too. Anyway, if AMAT is going to make $2.72 in gross profits in 2005 then I believe it is undervalued even at 22. I believe for a mature well run business that a P/E of 10 is warranted even for the most stodgy of value stocks but the market does not care for anyone's beliefs'.

Thanks to Gottfried by the way for pointing out the new changes in the StockChart's capabilities!

RtS
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