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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Return to Sender who wrote (2040)2/19/2002 8:41:11 PM
From: orkrious  Read Replies (2) | Respond to of 95737
 
I still think we stay in this trading range

What are you smoking? These stocks deserve a 75% haircut. As Fred Hickey said in today's newsletter, AMAT is currently selling for roughly 10x their quarterly sales run rate. In the 1998 trough, AMAT sold at 2x sales, at the 1996 trough it was 1x sales.

I'm happy with my rather large short position.

ork