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 252.25+0.9%Nov 28 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gottfried who wrote (17368)3/8/1998 10:20:00 PM
From: jtechkid  Read Replies (2) of 70976
 
i think amat will break 30 this weak as the market finally starts to realize this is not the bottom or a one quarter problem. i think amat will be around 32 tomorrow and i believe next week will be ugly as the markets stops shrugging off eps. according to first call, first quarter eps have been reduced more sharply and shown the worst growth since 1990. on the street .com which everyone knows has an interesting FACTS about first call-which does eps estimates they -cannot understand why stocks are going up while earning this quarter will represent the worst showing since 1990 in comparison to growth and wall street reducing estimates. that is a scary thought and the argument is that the environment represents increased liquidity to justify the valuation. my point the writing is on the wall for another correction. own march 35 and 32 puts on amat-also own dow jones april 85 puts around 2.25 . DJX IS THE SYBOL
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext