Applied Materials No-Politics Thread (AMAT) 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 : Applied Materials No-Politics Thread (AMAT)

AMAT 261.28

+0.8%

Dec 15 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Proud_Infidel who wrote (14841)	5/9/2005 2:19:30 PM
From: Big Bucks	Read Replies (1) of 25522

Brian....their call for an AMAT price target of $25 looks like wishful thinking or an overly optimistic opinion...there will be selling into any rally's which will keep the stock in its current trading range for the foreseeable future. AMAT would need to double its current sales to get to $25, IMO. There is no significant market catalyst for that to happen, at this time or within the next 18-24 months, IMO. Excess production capacity can easily suck up any short to intermediate chip demand increase and chip producers will focus on cost cutting and profitability for the next 18-24 months while they build cash resources for the next technology purchase cycle in late 2007 - 2008. At that point it will be economically advantageous to invest in sub .9uM technology. I see no screaming need for the industry to make a wholesale technology move into sub 90nM geometries at this time. There is plenty of capacity and no real consumer/retail demand for bleeding edge technologies, at this time, except for advanced CPU and memory applications, IMHO.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next