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

To: Gottfried who wrote (39913)	11/23/2000 12:26:44 PM
From: Joseph Beltran	Read Replies (1) \| Respond to of 70976

What I find amazing is that these so called "technology fund experts" parading today on CNBC are still peddling the high p/e companies like CIEN, VRTS, and the like. I wish for once one of these so called "financial journalists" on CNBC would really confront these guys and ask them to justify the high p/e stocks they are peddling relative to other companies such as AMAT, NVLS, LRCX, and the like. Incidentally, ML stated that they expect the book to bill to decrease towards parity in the next few quarters and they cited "guidance from AMAT" to support that statement. I do not recall AMAT giving any such guidance. Does anyone here have any such recollection?

To: Gottfried who wrote (39913)	11/23/2000 1:33:01 PM
From: Proud_Infidel	Read Replies (2) \| Respond to of 70976

I heard Fleckenstein say that if INTC was priced as LU is(P/Book ????) it would be trading at 8. These guys have had a 46% decline(on the Nas overall) and are STILL not happy. Sick people IMO. One thing is certain....the pendulum will swing the other way eventually for stocks with strong fundamentals. The million dollar question is when. Brian

To: Gottfried who wrote (39913)	11/23/2000 4:38:48 PM
From: StanX Long	Read Replies (1) \| Respond to of 70976

Gottfried, thanks for the Charts. After holding my AMAT from over $100 down to this low, I am starting to feel better, it can only go up. Maybe $37-39 maybe re-tested, but very soon $50-60. The old stock versa the new stock from Brian was eye opening. G GE KO and other with a greater value than AMAT is stupid. I will bet on AMAT "STILL". I listen more than write on this thread, but here is my take. The analysis got out in March / April with the big guys. AMAY Institute ownership went form 73% to 69% in two months. Green skies continued. So downgrades and institute not buying started driving the stock down. The analysis says, it is a time of consolidation. (or little guys getting pushed out with margins and options). Last week the say," we may have over reacted and the stock is oversold. But now the election has us by the B*lls. Now companies are still showing tremendous growth. What are they saying now. "A rally should start when the election is over", "we hope". Now these analysis look like they did not know what was going on "AMAT Makes, Chip, or fiber optic or something in the telecom industry. Happy Turkey Day to ALL on the SI Thread. Stan