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: brunn who wrote (45628)	4/19/2001 11:40:35 PM
From: FJB	Read Replies (1) \| Respond to of 70976

Excellent post. I hear a lot of people calling this a head-fake, bear trap, etc., so that is why I am inclined to believe it isn't. People are very apprehensive after the beatings they took in the last year. AMAT should definitely retrace from here, but it appears doubtful it will get anywhere near its lows. Same with the Nasdaq. Book-to-bill comes out on Monday - should be an ugly number.

To: brunn who wrote (45628)	4/20/2001 5:55:08 PM
From: Cary Salsberg	Respond to of 70976

RE: "It would be reasonable to attempt a valuation based on peak earnings of the next cycle-..." Excellent analysis. I tried to use a variation based on EPS and PE to help get people out last year. I don't know if it worked for anyone but me.