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Politics : Formerly About Applied Materials
AMAT 267.08-0.4%Dec 9 3:59 PM EST

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To: 16yearcycle who wrote (18820)4/15/1998 12:59:00 PM
From: Math Junkie  Read Replies (1) of 70976
 
The scenario you present is very reasonable, but I think there is one more potential factor which could take semi equips lower, and that is a significant pullback in the broader market. With the PE on the S&P 500 being higher than at any time in history, I have come to the conclusion that I will not be comfortable owning any stocks on margin until after the next correction.
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