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: akidron who wrote (19224)	5/9/1998 1:31:00 AM
From: Gottfried	Read Replies (3) of 70976

Aki, darn it, you made me think again. <G> You said... >>U may say "but that's in the price"... but remember revenues in the second half of this year are likely to be at the level they were in '95 and the 1st half of '99 might well be worse...<< The bad news we've heard recently has had no effect on the price. It should have had an effect. Maybe the hundreds of funds holding AMAT are in denial. More likely, they are willing to wait till '99, as long as AMAT doesn't drop from here by YE '98. Everybody owning AMAT expects great gains - they just don't know when. But whether you get a double (or more) in 12, 18 or 24 months - it is still a great gain. That the gain will happen is virtually certain. About how many stocks can you say that? This is a teflon stock right now. Reminds me of the President: bad news just can't hurt him. I am hoping to buy more AMAT at lower prices, too. But (absent a major market correction) it may not go below 30 again. Almost everybody has learned that AMAT eventually will go up big. No, I don't think the existing and the potential bad news is "in the price". And it may never be in the price. For those already holding AMAT this matters little: they won't sell until 100 (or whatever) anyway. And those waiting to buy much cheaper may just be disappointed. It doesn't help to bemoan the market's lack of reason. We're probably better off watching the charts than monitoring every announcement on Yahoo. 26 of us expect the low and high for '98 to be 27 and 53, on average. Will our collective wisdom be any better than that of the analysts? All the estimates are at... geocities.com GM

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next