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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 249.89+3.1%Nov 26 3:59 PM EST

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To: Rock who wrote (10118)6/4/2004 2:19:25 PM
From: Sam Citron  Read Replies (2) of 25522
 
Rock,

Since semi apps are generally not energy intensive, in fact frequently substitute for fossil fuels (eg telecommute/teleconference instead of driving/flying) I don't see why an oil shock should hurt semis, except temp psychological hit to confidence, which would present a buying opp IMHO.

Sam
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