Formerly About Applied Materials 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.

Politics : Formerly About Applied Materials

AMAT 220.28

-6.4%

Nov 20 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Debt Free who wrote (17873)	3/19/1998 12:33:00 PM
From: Dennis Nicks	Read Replies (1) of 70976

Doug, I've wondered the same thing regarding the NASDAQ highs and my techs decidedly off their highs... From the hype I've heard over the past 6 months, here's where the money is going... 1. Internet stocks.. AOL is OOTW (out of this world), Yahoo, Amazon, anything with an internet base... I'd love to short 'em (Amazon trades at >5000 1998 est earnings and about 15x sales), but don't want to take the risk. 2. Banks are still hot. They have been for the past few years. Consolidation rumors thereof are driving prices up. 3. Pharmacy and biotech, up, up and away... Similar story to banks (consolidation rumors)... 4. Retail seems to be hot (after the Christmas crunch). 5. Anyone else want to add to the list? I think we've just seen some sector rotation (for good reason, techs were overpriced IMO).. I'm in for the long term, so I know eventually my techs will catch up.. Dennis

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next