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 (36676)	8/12/2000 12:52:44 AM
From: Fred Levine	Respond to of 70976

I've been away, but did hear the very positive earnings, sales, AND profit margin report. As last quarter, good news led to a stock decline. It seems there is a war between positive facts and negative speculation. Perhaps there will be a decline, but IMO, this is "Keep your bloomer on!" time. Facts will determine the LT future of this stock, but the price decline is a combination of speculation, fear, profit-taking, and a simple disbelief that a company can be this strong this long in this industry. I think the earnings report ruled out my sinister surprise hypothesis. FWIW, I sold my calls but am tempted to join the Tito camp to use leverage and buy more. However, many of us have seen this irrational decline before (Brian, Tito, Gottfried, Tony, etc.) and we prevailed. Funny, we never hear from the old doomsayers... fred