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


To: trilobyte who wrote (40255)12/1/2000 1:41:09 PM
From: Jerome  Read Replies (1) | Respond to of 70976
 
I agree with your point. AMAT has now dropped
about 65% from it's high.


This could be part of the problem. The high price for AMAT was $115.00 per share. But this was a one day event. Look a a one year chart of AMAT. The stock spent most of the year between 52 and 80. The high points and the low points for the year could be viewed as aberrations.

This is not to say that AMAT will not trade higher than $82.00 or lower than it is right now. Over a period of time all stocks revert to some kind of norm.

Jerome



To: trilobyte who wrote (40255)12/1/2000 1:43:33 PM
From: michael97123  Read Replies (1) | Respond to of 70976
 
"I think they want our shares."

Well they are not getting mine. I told my wife last night that I would not sell my quality name stocks like Amat, intc, csco regardless of what the market does. I dont care if i lose it all because if i do it will be the 30's all over again. Anyone who wants to sell out now should ask themselves one simple question "Will technology drive the economy and produce new widely accepted products and services over the next five years." The answer is clearly yes so I will not sell.