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: Jacob Snyder who wrote (40274)	12/1/2000 3:52:35 PM
From: Proud_Infidel	Read Replies (1) \| Respond to of 70976

The analyst herd seems to be saying, "this sector sucks, the next 6 months look bad It seems as if this is all they ever say about this sector. SSB for one, was bearish in June of '99 and again in '00. If they cannot find evidence of growth in that time span and reasons to be bullish, my guess is they are not looking too hard. Re: EMC/CSCO deserve a higher multiple You bring up the point of multiple differential. What price is fair above and beyond what one will pay for a cyclical company? 2 times, 4 times? For these cos. it is something more on the lines of 6-10X AMAT's price. Assuming that all cos. will experience roughly equal EPS growth smoothed out over time, I again think the market is treating AMAT unfairly.....or the converse, treating other companies with too much deference assuming their revenue streams will grow uninterrupted ad infinitum. BK