Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 238.06

+3.1%

1:05 PM EST

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To: Teri Skogerboe who wrote (21114)	7/5/1998 9:09:00 PM
From: Big Bucks	Read Replies (1) of 70976

Teri, A pretty good synopsis of the current state of affairs concerning semis and semi-equip mfg's. I'm not sure we'll get as low as $12 but I wouldn't be surprised to see the low '20's or very high teens. I posted some links to some long term charts of AMAT and some of its' peers in the mfg sector to show comparative pricing in good and bad years. If I speculate on the current price vs past pricing it seems that the low 20's is a reasonable "gamble". The market will ultimately determine the "fair value/low value" price, regardless of "our" mutual projections, we are all guessing at best. I'll wait until I get a price that will make me comfortable that I will get gains of 2-4X over my original investment amounts over the next 1-3 years, and will change my strategy according to the stocks' valuation and market conditions as necessary. Still waiting patiently, BB

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