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

To: Jacob Snyder who wrote (40297)	12/1/2000 7:54:30 PM
From: trilobyte	Read Replies (1) \| Respond to of 70976

Maria talks to James... starts by James skiing downhill.... Hummmm, chasing his stock? James: Think new technology applications are just beginning. In 2001, looking for 20% growth. Wait and see, won't assess overall demand. Non-commital. Maria: Do you think there's a train wreck coming? Missed estimates? James: We haven't seen customers cancel orders. Never know, but don't expect cancellations. Worldwide demand for chips will provide good opportunities. Maria: What catalyst for stock next 6 months? James: humm.... (shit, will she stop asking me the same darn question, WE ARE NOT GOING BANKRUPT, O.K.) Maria: Inventory correction or end of cycle? James: Usually inventory correction, longterm, demand continues and huge opportunity. Maria: Business slowdown? Growth over last year? James: We've identified significant amount of business. Japanese finalize plans in February time frame. Last year there was hesitation but it turned out to be great year. Whether customers will authorize spending, make determinations more concrete, will have to wait after election... (TALK ABOUT BUSH/GORE, SHE'LL UNDERSTAND THAT!). Maria: thanks, James, for telling us what we new. MSDW analyst. Maria thinks Morgan edged. Analyst thinks significant slowdown first 1/2 of next year. See increasing signs of pushouts. Thinks many chip makers will delay installations. HE HE HE, END OF THE WORLD SCENARIO, I AM AN ANALYST! I WILL DOWNGRADE ON MONDAY... Maria: Think this it is time to buy AMAT? Lot closer to trough than peak levels. Trading about 2x forthcoming sales. Close to 1x historical low. Thinks over 2-3 months, create deep value investor opportunity. Maria: Does it mean buy now? Yes, thinks only 20% downside in small caps. Thinks downside in AMAT is 32$ but upside is 150$ in next few years. HE HE HE, NO ONE EXPECTED ME TO RECOMMEND BUYING THE STOCK...

To: Jacob Snyder who wrote (40297)	12/1/2000 8:08:45 PM
From: trilobyte	Read Replies (2) \| Respond to of 70976

Jacob, I think you have a point. I think we should cancel all trading on AMAT today and ask for a NEW trading day. We should also ask CSFB to remove their downgrade of AMAT as this clearly was a partisan move meant to confuse and mislead unsuspecting investors. I'm sure many investors today planned to buy AMAT but instead placed their order for KLAC or NVLS as both these stocks were up today. If these incorrect orders were corrected as intent clearly demonstrates they should, AMAT would've been up and closed above 40. We need arbitrary justice. I'm with you on this one! Trilobyte