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 228.68

-2.7%

Nov 11 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jeffrey D who wrote (22339)	7/31/1998 1:49:00 PM
From: Katherine Derbyshire	Read Replies (1) of 70976

Please don't take this personally, Jeff, but I always worry when I see someone saying, simultaneously, "In short, I feel it is the undisputed leader in a growth industry and will continue to be for many years to come." And "He [Morgan] understands his industry infinitely better than I do and if you believe in the future of AMAT {I presume that is why the majority of us are on this thread} then you have to take what he says very seriously." In other words, you are buying a company you don't understand in an industry you don't understand on the strength of the CEO's sales pitch and your gut feeling about its leadership and management. Now, I'm not saying AMAT isn't a good company. It will almost certainly lead the sector up out of its doldrums. I'm just saying that blind faith in any technology company can be very hazardous to your wallet. IBM was a "sure thing" in the 80s, too, and it took the stock 10 years to get back to its 1987 peak. Caveat investor. Katherine

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next