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: FJB who wrote (38437)	10/17/2000 11:44:56 PM
From: Sun Tzu	Read Replies (1) \| Respond to of 70976

I did a very rough calculation of where AMAT may bottom. I came up with 34~52. The mid point is 43 which is fairly close to where we are. I think there are tradable rallies starting tomorrow, but stability will not come for another month. Also, although I expect a sharp turn around around March, in '95 AMAT peaked for 8 months before SEMI orders. So we should not be too surprised if the stock keeps falling for 3 quarters in the face of good news, if the cycle is ending. ST