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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Fred Levine who wrote (34676)3/30/2000 8:57:00 PM
From: hdrjr  Read Replies (2) | Respond to of 70976
 
Fred,

Several weeks I posted on this board asking contributors to give a good reason to buy AMAT, a wonderful company no argument, at the current level. No one responded. I had to assume that if those interested and invested could not come up with a reason, AMAT must be at a near term peak.

Therefore I shorted. Luckily the lack of enthusiasm was a correct guide (along with other guides) and I was successful.

Now at these levels of valuation or lower, does anyone have a convincing argument to purchase this stock. Please do not get me wrong, I think AMAT is an ideal company, I am just not convinced that it is an ideal stock. Also, does anyone have a buy-in target price?

Thanks in advance,

hdr

Oil rich, tech poor

Edit: Also can anyone steer me to a site that gives long term charting of the SPTKSM?