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 230.92

+3.1%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Gottfried who wrote (19033)	5/22/2006 3:21:17 PM
From: The Ox	Read Replies (2) of 25522

I'm keeping an open mind on the future bookings potential. We've seen cautious spending in the industry for a few years. Even with the small pop we saw in 2004 the industry has been basically holding onto it's cash. We get so much negative news about every facet of life these days, so much so that no one seems to be the least bit bullish on this sector and even fewer are strongly bullish on the markets in general. Even when we see increases in current or next year forecasts, we get a negative reaction to the data. The 2004 peak in billings did not even get as high as the 1997 peak and we know that more semis then ever are being bought and sold. I'm not convinced that we are about to fall off a cliff, like many appear to be saying these days. As to when the sector might take off, is anyone's guess but I'd like to see even more selling before I'd suggest a bottom has been made.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next