SI
SI
discoversearch

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.
Politics : Formerly About Applied Materials
AMAT 261.82+0.4%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Big Bucks who wrote (9827)10/27/1997 10:30:00 PM
From: Kumar Nathan  Read Replies (3) of 70976
 
Hi BB: Hang Seng is down by 1400 points. Close to 14%. Tommorrow it is going to be further blood bath. AMAT IMO is not affected. Remember when there was huge slow down a year or so ago, Korea and other guys were ramping up on capital investments. Similar approach will continue. The after effect will be very good. AMAT as I mentioned before will emerge unaffected. I am sure AMAT's stock will suffer tommorrow by another 4-5 points and will continue further. My anticipation will be AMAT will go-ahead and fully utilize its stock buyback program and will get the best deal. AMAT right now is sitting with more than $1B in liquid cash. If the order book is good, they can go-ahead be aggressively buy-back their shares.

Regards

Kumar
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext