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 270.13

-1.8%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: jtechkid who wrote (19874)	6/4/1998 12:46:00 AM
From: akidron	Read Replies (1) of 70976

jtechkid... for once we totally disagree... Management is in deep doo doo --- it is trying to reign in its own cap-ex but committed itself to a $500 million expansion this year, in the second half of the last year, when it bought the mirage (thank god the market did otherwise I for one would be a great deal poorer). AMAT is currently pushing out its own cap-ex but we are at the point where declining revs, and increasing costs are going to bite big. I believe AMAT will make a loss in the 4th q, that the 50% of orders garnered in the last month of the previous Q will be very expensive this.... I expect AMAT to break 25 and hit 19 buy mid summer... and if the bubble pops there is no earthly reason why we shouldn't see 15 or even 13 --- u see the problem with this implosion is that the baby boomer billions are likely to pass AMAT by for a while... too unpredicatble to base a retirement on.... I must say that it seems incredible to me that a scenario you, BB, DD, and myself saw so clearly last year was such a surprise to JM... but I guess when you're micro managing the macro slips through the cracks... Also... my guess is that HK breaks before Japan.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next