SI
SI
discoversearch

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: Sam Citron who wrote (39443)11/10/2000 1:21:25 PM
From: 16yearcycle  Read Replies (1) | Respond to of 70976
 
I should adjust my numbers too. i think 26 SHOULD be the bottom(not that this means much or anything) 26 is about 8x next years earnings and is the last cyclical high. So i think a buy now, at 36, 32 and 26 should be the steps.

I can't say enough that this is extraordinary. I can see some rational behind a drop to 50-60 but we have gone too low and anything can happen from here...up or down.