Silicon Investor (SI) -- The First Internet Community

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 -- Ignore unavailable to you. Want to Upgrade?

To: Proud_Infidel who wrote (32180)	8/20/1999 1:33:00 PM
From: marc henschke	Read Replies (3) \| Respond to of 70976

AMAT is such a beautiful money making vehicle because, for whatever the reasons, the market always responds to it through a series of gross, irrational overreactions that can be exploited by the savvy investor for monster gains. Take now for example. The stock price has fallen $17 per share in the past week despite an excellent earnings report, and company guidance for even brighter days ahead. Moreover, all this is occurring against the backdrop of an extremely robust semiconductor market in the early stages of a long-term sustainable up cycle. Oddly, this unwarranted, ignorant, and short-sighted sell-off of equipment stocks has created a situation rarely seen and never sustainable -- namely, a complete divergence in price movement between equipment stocks and their leading indicator chip stocks like INTC and MU. Believe me, my friends, when the the chip maker stocks are justifiably soaring, equipment stocks sure as hell shouldn't be tanking, and won't be for long. Sure wish I had some money on the sidelines. Buying AMAT at these levels gives you a good shot at a 50% return in the next 3 to 6 months.