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 (35295)	5/21/2000 3:26:00 PM
From: Mephisto	Read Replies (1) \| Respond to of 70976

In 1999 annual report, AMAT says market for chips was $17.6 billion. "In order to meet the world's escalating demand for chips, this market is "projected to rise to more than $33 billion by 2004. Brian, I am NOT surprised AMAT is the #1 momentum stock. Why? Because it is cheap. My discount brokerage showed a P/E of 42 recently. It's probably lower than that now. Also, it will be hard to build the Internet without equipment from AMAT because the company is the largest supplier of semiconductor manufacturing equipment. So, you need AMAT's equipment to produce those those chips that go into cell phones, personal digital assistants, global positioning system, video game consoles, PCs. Even Nike gets in on the act and comes out with palm-pilot size consoles that measures how many calories you burn when you run x miles!!!! "Increasingly inexpensive and sophisticated embedded microprocessors have also opened the floodgates for imaginative Internet appliances, like wireless organizers that display e-mail, stock quotes and even web sites. Microprocessors are also spurring the dispersion of computing power from PCs into a multitude of other products." (From AMAT's 1999 Annual Report) The number of gadgets that need chips explodes!! Morgan looks ahead so, I believe AMAT, will do very, very well in the future because the company has or will: 1) shrink linewidths of semiconductor devices. 2) use of new materials (like copper) 3) move to large wafers In 1999, "new orders increased 53% over orders for 1998." I believe future orders are up there as well!!! Cheers, Mephisto

To: Proud_Infidel who wrote (35295)	5/21/2000 6:30:00 PM
From: Mephisto	Read Replies (1) \| Respond to of 70976

Chips Ahoy! Strong global winds blow AMAT's full sails to the center of the Internet and telecommunications revolution. "Chips Everywhere." See, Wired Magazine, June, p.235 for a summary of how Morgan has moved AMAT into the center of the technological revolution. The three points the magazine makes are the three points I mentioned in my post to you. 1. smaller linewidths reduced to .18 microns. 2. the new materials: copper 3. bigger wafers, 200 mm to 300 mm. Cheers, Mephisto