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 323.42

+7.1%

2:44 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jacob Snyder who wrote (24358)	9/17/1998 6:30:00 AM
From: Justa Werkenstiff	Read Replies (1) of 70976

Jacob: Re: "I'm seriously thinking of selling my INTC and CSCO." I just sold my CSCO which I bought during the networking scare to put the funds into the semi-equipment sector. CSCO is close enough to its historical high and is near its all time high as far as P/B and P/S is concerned and its 50 plus pe is going on twice its growth rate. I saw limited upside because there is little potential for multiple expansion and so its price appreciation will be tied to earnings alone. Moreover, everybody and his brother has CSCO as a buy. Risk/ reward in semi-equipment sector is greater. I hope to buy CSCO again if and when it trades near its 200 day moving average which historically has been a good entry point.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next