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

To: hdrjr who wrote (34677)	3/31/2000 7:09:00 AM
From: Alan Siegal	Read Replies (2) \| Respond to of 70976

Hdr: << Also, does anyone have a buy-in target price? >> I'm averaged in at 16, and many here are doubtless in for a lot less. My idea of a good target is 30, but face it, if you hold out for such a number, you'll probably never get it at all. I'm afraid you have no choice but to do a rigorous program of dollar cost averaging (eyes closed, fists clenched) for a few years. Once you're in with a few years behind you, you can afford to pick and choose (okay, so maybe I'll jump in big at 45). Then, if you miss picking up a bottom, hey - at least you're still participating. Best of luck, -Alan

To: hdrjr who wrote (34677)	4/2/2000 7:32:00 PM
From: brightness00	Respond to of 70976

hdrjr, Well, it has one of the lowest PE's among the top 20 or so of the NASDAQ100 list; frankly dirt-cheap when compared to semiconductor companies. Regardless which semi company wins in the end, it will need AMAT for plant expansion. AMAT has much higher net margin than other semi equipment makers. In the recent semi sell-off's, AMAT has held up remarkably well. Considering the shortage of chips and the industry-wide migration to larger wafer size, we may well see another doubling or tripling of AMAT before the semi cycle cools off again, at which point even a down cycle would fail to bring AMAT down to current levels.