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

To: Gottfried who wrote (44937)	4/3/2001 12:55:02 AM
From: advocatedevil	Read Replies (1) \| Respond to of 70976

I spent time this evening reviewing my folder of recent semi-equip related notes. There has been plenty of new sector commentary from the likes of: Jeremy Lopez of Morningstar.com, Bill McClean of IC Insights, David Wu of ABM Amro, Jay Deahna of Morgan Stanley Dean Witter, Herb Greenberg of TheStreet.com, Brett Hodess of Merrill Lynch Global Securities, Edward White Jr. of Lehman Brothers, Glen Yeung of Salomon Smith Barney, (just to name a few). That's quite a list of names. Although they often have stats that are difficult to find elsewhere, I believe they generally provide no greater insight into the sector than many of the folks here. FWIW and IMO, the 3/27 Wit SoundView Sector Update that Richard Palm brought to our attention (post# 44657) http://www.witsoundview.com/research/researchbody.jsp?Report=semi_20010327 provides a worthwhile analysis. If you skipped downloading and reading the entire report, I suggest you check it out. One summary statement they made which I wholeheartedly agree with is: "If the stocks were 30% to 40% lower, we believe the fundamentals would justify the price. Our view is still that our stocks can be materially higher from here 12 months from now, but patience will be key." AMAT was trading at $49.31 when they wrote the report. Their target entry point for AMAT is $35. At this rate we could get there this week. AdvocateDevil (BTW, RE: "perhaps its time to make a pact with the devil....." No relation.)