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Pastimes : Ask Mohan about the Market

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To: yard_man who wrote (12146)	12/22/1997 3:23:00 PM
From: Cynic 2005	Read Replies (1) of 18056

Barry, let us call gamblers anonymous. I couldn't contain my urge and so I bough more Jan 30 puts on Lam research - that too with some rent-money! -g- Fundamentally I can't see that piece of junk taking off much further. In the best of times they earned (last Q) 0.10/share. They projected (before Asia meltdown) next Q at 0.10. Their revenues are not growing at all. Applied is taking marketshare away from them. Considering all this, the stock's valuation is astronomical. Should be a good candidate for tax loss selling. Besides, Dave Dhillon (on the AMAT thread) indicated that even AMAT is admitting to slowdown in biz. I don't like NFL. But if I have to shoot for one team, it would be 49ers. I liked them since I have been in this country - 1989! Patriots? No, thank you! Good luck! -Mohan

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