Semi-Equips - Buy when BLOOD is running in the streets! 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 : Semi-Equips - Buy when BLOOD is running in the streets!

LRCX 218.30

+8.6%

Jan 9 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Investor2 who wrote (2514)	9/9/1997 6:17:00 AM
From: Sam Citron	of 10921

I2, I cannot speak for Cary, but we had a substantial discussion on this topic a couple of weeks back [not here, but on the AMAT thread, as I recall] as AMAT made its first dazzling approach toward the psychologically important $100 per share barrier. I believe Cary said that he expects AMAT to reach $220 or so by the year 2000. That is still not a bad increase from today's price of $94. He stated that he would not be a new buyer at current levels, at least not until he hears AMAT's forecasts for next year in November. But that does not imply that one should sell the shares either. I assume he feels that AMAT is neither undervalued nor overvalued at current prices and that he can find no compelling bargains to take AMAT's cornerstone place in his portfolio. Cary did say that he is operating in paranoid mode (in the best Grovesian sense of the term, I might add). So he is not being complaisant either. But given the fact that there may well be a substantial middle range, in which an intangible is neither underpriced nor overpriced, what makes you think AMAT may be a sell? SC

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next