Bill Wexler's Profits of DOOM Message Board

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Strategies & Market Trends : Bill Wexler's Profits of DOOM

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To: Bill Wexler who wrote (3758)	11/18/1998 6:50:00 AM
From: Bill Wexler	Read Replies (2) of 4634

An even STRONGER buy rec.... AMAT dailynews.yahoo.com Once again Wexler shakes his head in disbelief as "analysts" continue to fuss and worry and refuse to acknowledge that we are on the verge of another roaring bull market in semis - led by semi equipment makers - the best of which is AMAT. Even Jim Cramer is scratching his head a little and making overly cautious comments (I guess he won't be pounding the table until AMAT solidly beats its plan 6 quarters in a row.) New investors can thank CEO Jim Morgan for making the following comments: <<''Despite some recent favorable developments in the world economy and semiconductor industry, the outlook for our business is uncertain,'' Jim Morgan, the company's chairman and chief executive, said in a statement.>> Much like CompUSA's CEO Jim Halpin's pessimistic advice to analysts on the conference call ("Gosh, you know - even though we beat estimates by 100%, this computer business is just a pain in the ass and darn it, we're biting our fingernails over next quarters numbers...so don't expect too much...okay guys?") this will give small investors a wonderful opportunity to continue to accumulate the stock at reasonable prices while Wall Street contemplates its navel. When I first recommended AMAT at 22, the stock was being given away. At 38 it is still cheap. Don't even think about getting left behind. I continue to buy AMAT myself and strongly recommend it.

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